34 CFR 676.18 - Use of funds.

§ 676.18 Use of funds.
(a) General. An institution may use its FSEOG allocation and reallocation only for—
(1) Making grants to eligible students; and
(2) Paying administrative expenses as provided for in 34 CFR 673.7.
(b) Transfer back of funds to FWS. An institution shall transfer back to the FWS program any funds unexpended at the end of the award year that it transferred to the FSEOG program from the FWS program.
(c) Carry forward funds.
(1) An institution may carry forward and expend in the next award year up to 10 percent of the sum of its initial and supplemental FSEOG allocations for the current award year.
(2) Before an institution may spend its current year FSEOG allocation, it must spend any funds carried forward from the previous year.
(d) Carry back funds. An institution may carry back and expend in the previous award year up to 10 percent of the sum of its initial and supplemental FSEOG allocations for the current award year. The institution's official allocation letter represents the Secretary's approval to carry back funds.
(e) Use of funds carried forward and carried back. An institution may use the funds carried forward or carried back under paragraphs (c) and (d) of this section, respectively, for activities described in paragraph (a) of this section.
(f) Carry back funds for summer FSEOG awards. An institution may carry back and expend in the previous award year any portion of its initial and supplemental FSEOG allocations for the current award year to make awards to eligible students for payment periods that begin on or after May 1 of the previous award year but end prior to the beginning of the current award year.
(Authority: 20 U.S.C. 1070b et seq., 1095 and 1096)
[52 FR 45778, Dec. 1, 1987, as amended at 57 FR 32357, July 21, 1992; 59 FR 61420, 61421, Nov. 30, 1994; 61 FR 60396, Nov. 27, 1996; 64 FR 58294, Oct. 28, 1999]

Title 34 published on 2014-07-01

no entries appear in the Federal Register after this date.

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.


United States Code
U.S. Code: Title 8 - ALIENS AND NATIONALITY
U.S. Code: Title 20 - EDUCATION

§ 421 to 425 - Omitted

§ 426 - Repealed.

§ 429 - Omitted

20 U.S. Code § 981 to 996 - Repealed.

§ 1070a - Federal Pell Grants: amount and determinations; applications

§ 1070b - Purpose; appropriations authorized

20 U.S. Code § 1070a–51 to 1070a–53 - Repealed.

20 U.S. Code § 1070a–51 to 1070a–53 - Repealed.

20 U.S. Code § 1070a–51 to 1070a–53 - Repealed.

20 U.S. Code § 1070a–51 to 1070a–53 - Repealed.

§ 1071 - Statement of purpose; nondiscrimination; and appropriations authorized

§ 1072 - Advances for reserve funds of State and nonprofit private loan insurance programs

§ 1072a - Federal Student Loan Reserve Fund

§ 1072b - Agency Operating Fund

§ 1073 - Effects of adequate non-Federal programs

§ 1074 - Scope and duration of Federal loan insurance program

§ 1075 - Limitations on individual federally insured loans and on Federal loan insurance

§ 1076 - Sources of funds

§ 1077 - Eligibility of student borrowers and terms of federally insured student loans

§ 1077a - Applicable interest rates

§ 1078 - Federal payments to reduce student interest costs

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

§ 1079 - Certificate of Federal loan insurance—effective date of insurance

§ 1080 - Default of student under Federal loan insurance program

§ 1080a - Reports to consumer reporting agencies and institutions of higher education

§ 1081 - Insurance fund

§ 1082 - Legal powers and responsibilities

§ 1083 - Student loan information by eligible lenders

§ 1083a - Consumer education information

§ 1084 - Participation by Federal credit unions in Federal, State, and private student loan insurance programs

§ 1085 - Definitions for student loan insurance program

§ 1086 - Delegation of functions

§ 1087

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

20 U.S. Code § 1070f to 1070f–6 - Repealed.

§ 1087aa - Appropriations authorized

§ 1087bb - Allocation of funds

§ 1087cc - Agreements with institutions of higher education

20 U.S. Code § 1070f to 1070f–6 - Repealed.

§ 1087dd - Terms of loans

§ 1087ee - Cancellation of loans for certain public service

§ 1087ff - Distribution of assets from student loan funds

§ 1087gg - Collection of defaulted loans: Perkins Loan Revolving Fund

§ 1087hh - General authority of Secretary

§ 1087ii - Definitions

§ 1089 - Master calendar

§ 1091 - Student eligibility

20 U.S. Code § 1070f to 1070f–6 - Repealed.

§ 1094 - Program participation agreements

§ 1094a - Regulatory relief and improvement

§ 1094b - Assignment of identification numbers

§ 1095 - Transfer of allotments

§ 1095a - Wage garnishment requirement

§ 1096 - Administrative expenses

§ 1232c - State agency monitoring and enforcement

§ 1232f - Records

U.S. Code: Title 42 - THE PUBLIC HEALTH AND WELFARE