34 CFR 371.40 - What are the matching requirements?
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(a) Federal share. Except as provided in paragraph (c) of this section, the Federal share may not be more than 90 percent of the total cost of the project.
(b) Non-Federal share. The non-Federal share of the cost of the project may be in cash or in kind, fairly valued.
(c) Waiver of non-Federal share. In order to carry out the purposes of the program, the Secretary may waive the non-Federal share requirement, in part or in whole, only if the applicant demonstrates that it does not have sufficient resources to contribute the non-Federal share of the cost of the project.
[52 FR 30556, Aug. 14, 1987]
Title 34 published on 2014-07-01
no entries appear in the Federal Register after this date.