Allocation of funds
In general
The Secretary shall continue to determine the amount of program funds to be received by each grantee under this subchapter by the same method used for determining such distribution in fiscal year 1991 for tribally-administered and Bureau-administered programs of grants to individual Indians to defray postsecondary expenses.
Administrative costs
section 3304(a) of this title25 U.S.C. 5301In addition to the amount determined under paragraph (1), a grantee which has exercised the option given in to administer the program under a grant shall receive an amount for administrative costs determined pursuant to the method used by the grantee during the preceding contract period. All other grantees shall receive an amount for administrative costs determined pursuant to the regulations governing such determinations under the Indian Self Determination and Education Assistance Act [ et seq.], as in effect at the time of application to grants being made.
Single grant; separate accounts
Each grantee shall receive only one grant during any fiscal year, which shall include both of the amounts under paragraphs (1) and (2). Each grantee shall maintain this grant in a separate account.
Use of funds
Pub. L. 102–325, title XIII, § 1315106 Stat. 800(, , .)
Editorial Notes
References in Text
Pub. L. 93–63888 Stat. 2203section 5301 of this titleThe Indian Self-Determination and Education Assistance Act, referred to in subsecs. (a)(2) and (b)(1), is , , , which is classified principally to chapter 46 (§ 5301 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under and Tables.