34 CFR 364.5 - What is program income and how may it be used?
(b) Sources. Sources of program income include, but are not limited to, payments received from workers' compensation funds or fees for services to defray part or all of the costs of services provided to particular consumers.
(c) Use of program income.
(1) Program income, whenever earned, must be used for the provision of IL services or the administration of the State plan, as appropriate.
(2) A service provider is authorized to treat program income as -
(i) A deduction from total allowable costs charged to a Federal grant, in accordance with 2 CFR 200.307(e)(1); or
(ii) An addition to the grant funds to be used for additional allowable program expenditures, in accordance with 2 CFR 200.307(e)(2)
(3) Program income may not be used to meet the non-Federal share requirement under 34 CFR 365.12(b).
Title 34 published on 2015-07-01
The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 34 CFR Part 364 after this date.