34 CFR 675.45 - Allowable costs, Federal share, and institutional share.
(a) Allowable costs. An institution participating in the Work-Colleges program may use its allocated and reallocated program funds to carry out the following activities:
(1) Support the educational costs of qualified students through self-help payments or credits provided under the work-learning-service program within the limits of part F of title IV of the HEA.
(2) Promote the work-learning-service experience as a tool of postsecondary education, financial self-help, and community service-learning opportunities.
(i) Community-based work-learning-service alternatives that expand opportunities for community service and career-related work; and
(ii) Alternatives that develop sound citizenship, encourage student persistence, and make optimum use of assistance under the Work-Colleges program in education and student development.
(6) Carry out a comprehensive, longitudinal study of student academic progress and academic and career outcomes, relative to student self-sufficiency in financing their higher education, repayment of student loans, continued community service, kind and quality of service performed, and career choice and community service selected after graduation.
(b) Federal share of allowable costs. An institution, in addition to the funds allocated and reallocated for this program, may use transferred funds provided under its Federal Perkins Loan or its FWS program to pay allowable costs.
(c) Institutional share of allowable costs. An institution must match Federal funds made available for this program on a dollar-for-dollar basis from non-Federal sources. The institution shall keep records documenting the amount and source of its share.
(Authority: 42 U.S.C. 2756b)
Title 34 published on 2014-07-01.
No entries appear in the Federal Register after this date, for 34 CFR Part 675.