34 CFR 662.30 - What are an institution's responsibilities after the award of a grant?
(a) An institution to which the Secretary awards a grant under this part is responsible for administering the grant in accordance with the regulations described in § 662.6.
(b) The institution is responsible for processing individual applications for fellowships in accordance with procedures described in § 662.11.
(c) The institution is responsible for disbursing funds in accordance with procedures described in § 662.4.
(d) The Secretary awards the institution an administrative allowance of $100 for each fellowship listed in the grant award document.