Browse Arkansas Code titles and sections
20 U.S.C. § 1063d — Reporting and audit requirements
Federal law — U.S. Code and appendices · legal_authorities
**(a) Recordkeeping** Each recipient of a grant under this part shall keep such records as the Secretary shall prescribe, including records which fully disclose—
(1) the amount and disposition by such recipient of the proceeds of such assistance;
(2) the cost of the project or undertaking in connection with which such assistance is given or used;
(3) the amount of that portion of the cost of the project or undertaking supplied by other sources; and
(4) such other records as will facilitate an effective audit.
**(b) Use of unexpended funds** Any funds paid to an institution and not expended or used for the purposes for which the funds were paid during the five-year period following the date of the initial grant award, may be carried over and expended during the succeeding five-year period, if such funds were obligated for a purpose for which the funds were paid during the five-year period following the date of the initial grant award.
Source: Supplied U.S. Code snapshot — release unconfirmed · 20 U.S.C. § 1063d
Stored review status: release_metadata_unconfirmed. A text match is a research starting point; applicability is not established.
Original supplied file — preserved unchanged
Download original Markdown file
File SHA-256: df2438abd7bf26e703bbf2435182f05ad5b88ee94073f2fa9898e01ff7b411f2. The original may include catalog metadata, neighboring provisions, or embedded records outside this collection's scope. Search shows only the selected federal record. Historical editions and unverified snapshots are not a statement of current law.
Authority boundary: historical or unconfirmed source not current law verified.
Open the recorded source website ↗
Record provenance
Stable record: federal_law:legal_authorities:record_usc_1853e7107b503d12ca97e09a
Source file: Laws/federal/codes/united-states-code/title-20/section-1063d-reporting-and-audit-requirements--8fa79e9192.md
Pages: Not recorded – Not recorded
Passage SHA-256: a675692f928a5cab0ef7b3dd5a3cf2e12c7181e9bf408661244b00c0973606c6
Source location: Title 20, Chapter 28, § 1063d; chapter-028-higher-education-resources-and-student-assistance.md
Stored source content
**(a) Recordkeeping** Each recipient of a grant under this part shall keep such records as the Secretary shall prescribe, including records which fully disclose—
(1) the amount and disposition by such recipient of the proceeds of such assistance;
(2) the cost of the project or undertaking in connection with which such assistance is given or used;
(3) the amount of that portion of the cost of the project or undertaking supplied by other sources; and
(4) such other records as will facilitate an effective audit.
**(b) Use of unexpended funds** Any funds paid to an institution and not expended or used for the purposes for which the funds were paid during the five-year period following the date of the initial grant award, may be carried over and expended during the succeeding five-year period, if such funds were obligated for a purpose for which the funds were paid during the five-year period following the date of the initial grant award.
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Federal law — U.S. Code and appendices · legal_authorities
**(a) Institution of higher education** For purposes of this chapter, other than subchapter IV, the term “institution of higher education” means an educational institution in any State that—
(1) admits as regular students only persons having a certificate of graduation from a school providing secondary education, or the recognized equivalent of such a certificate, or persons who meet the requirements of [section 1091(d) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1091/d&num=0&edition=prelim);
(2) is legally authorized within such State to provide a program of education beyond secondary education;
(3) provides an educational program for which the institution awards a bachelor’s degree or provides not less than a 2-year program that is acceptable for full credit toward such a degree, or awards a degree that is acceptable for admission to a graduate or professional degree program, subject to review and approval by the Secretary;
(4) is a public or other nonprofit institution; and
(5) is accredited by a nationally recognized accrediting agency or association, or if not so accredited, is an institution that has been granted preaccreditation status by such an agency or association that has been recognized by the Secretary for the granting of preaccreditation status, and the Secretary has determined that there is satisfactory assurance that the institution will meet the accreditation standards of such an agency or association within a reasonable time.
**(b) Additional institutions included** For purposes of this chapter, other than subchapter IV, the term “institution of higher education” also includes—
(1) any school that provides not less than a 1-year program of training to prepare students for gainful employment in a re
Source: Supplied U.S. Code snapshot — release unconfirmed · 20 U.S.C. § 1001
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
The Congress finds that—
(1) the historically Black colleges and universities have contributed significantly to the effort to attain equal opportunity through postsecondary education for Black, low-income, and educationally disadvantaged Americans;
(2) States and the Federal Government have discriminated in the allocation of land and financial resources to support Black public institutions under the Morrill Act of 1862 [[7 U.S.C. 301](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section301&num=0&edition=prelim) et seq.] and its progeny, and against public and private Black colleges and universities in the award of Federal grants and contracts, and the distribution of Federal resources under this chapter and other Federal programs which benefit institutions of higher education;
(3) the current state of Black colleges and universities is partly attributable to the discriminatory action of the States and the Federal Government and this discriminatory action requires the remedy of enhancement of Black postsecondary institutions to ensure their continuation and participation in fulfilling the Federal mission of equality of educational opportunity; and
(4) financial assistance to establish or strengthen the physical plants, financial management, academic resources, and endowments of the historically Black colleges and universities are appropriate methods to enhance these institutions and facilitate a decrease in reliance on governmental financial support and to encourage reliance on endowments and private sources.
Source: Supplied U.S. Code snapshot — release unconfirmed · 20 U.S.C. § 1061
Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
Page 298
TITLE 20—EDUCATION
§ 1063c
§ 1063c. Reporting and audit requirements
(a) Recordkeeping
Each recipient of a grant under this part shall
keep such records as the Secretary shall pre-
scribe, including records which fully disclose—
(1) the amount and disposition by such re-
cipient of the proceeds of such assistance;
(2) the cost of the project or undertaking in
connection with which such assistance is
given or used;
(3) the amount of that portion of the cost of
the project or undertaking supplied by other
sources; and
(4) such other records as will facilitate an ef-
fective audit.
(b) Use of unexpended funds
Any funds paid to an institution and not ex-
pended or used for the purposes for which the
funds were paid during the five-year period fol-
lowing the date of the initial grant award, may
be carried over and expended during the suc-
ceeding five-year period, if such funds were obli-
gated for a purpose for which the funds were
paid during the five-year period following the
date of the initial grant award.
(Pub. L. 89–329, title III, § 327, as added Pub. L.
99–498, title III, § 301(a), Oct. 17, 1986, 100 Stat.
1298; amended Pub. L. 100–50, § 2(a)(11), June 3,
1987, 101 Stat. 335; Pub. L. 110–315, title III, § 312,
Aug. 14, 2008, 122 Stat. 3180.)
Editorial Notes
AMENDMENTS
2008—Subsec. (b). Pub. L. 110–315 amended subsec. (b)
generally. Prior to amendment, text read as follows:
‘‘Any funds paid to an institution and not expended or
used for the purposes for which the funds were paid
within 10 years following the date of the initial grant
awarded to an institution under part B of this sub-
chapter shall be repaid to the Treasury of the United
States.’’
1987—Subsec. (a). Pub. L. 100–50 substituted ‘‘part’’
for ‘‘chapter’’ in introdu
Source: Supplied 2024 U.S. Code historical extraction · 20 U.S.C. § 1063d
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.