25 CFR 273.35 - Capital outlay or debt retirement.

Beta! The text on the eCFR tab represents the unofficial eCFR text at ecfr.gov.
§ 273.35 Capital outlay or debt retirement.

In no instance shall contract funds provided under this part be used as payment for capital outlay or debt retirement expenses; except that, such costs are allowable if they are considered to be a part of the full per capita cost of educating eligible Indian students who reside in Federal boarding facilities for the purpose of attending public schools.