CFR > Title 34 - Education > SUBTITLE B—Regulations of the Offices of the Department of Education > CHAPTER III—OFFICE OF SPECIAL EDUCATION AND REHABILITATIVE SERVICES, DEPARTMENT OF EDUCATION (parts 300 to 397) > PART 365—STATE INDEPENDENT LIVING SERVICES > SUBPART B—How Does the Secretary Make a Grant to a State? (§365.10 to §365.16) > 365.16—What requirements apply to refunds and rebates?

365.16—What requirements apply to refunds and rebates?

The following must be treated as a reduction of expenditures charged to the grant, subgrant, or contract awarded under this part and may not be used for meeting the State's matching requirement under section 712(b) of the Act:
(a) Rebates, deductions, refunds, discounts, or reductions to the price of goods, products, equipment, rental property, real property, or services.
(b) Premiums, bonuses, gifts, and any other payments related to the purchase of goods, products, equipment, rental property, real property, or services.

Code of Federal Regulations

(Authority: 29 U.S.C. 711(c), 796e-1(b) , and OMB Circulars A-87 and A-122)