25 CFR 44.108 - How must the Secretary make grant payments?
(1) The first payment, consisting of 80 per cent of the amount that the grantee was entitled to receive during the previous academic year, must be made no later than July 1 of each year; and
(2) The second payment, consisting of the remainder to which the grantee is entitled for the academic year, must be made no later than December 1 of each year.
(b) For funds that become available for obligation on October 1, the Secretary must make payments no later than December 1.
Title 25 published on 2014-04-01
no entries appear in the Federal Register after this date.