642.26—How does the Secretary set the amount of a grant?
(a)
The Secretary sets the amount of a grant on the basis of—
(2)
34 CFR 75.253, for the second year of a project period.
(b)
The Secretary uses the available funds to set the amount of the grant at the lesser of—
(2)
The amount requested by the applicant.
Code of Federal Regulations
[75 FR 65774, Oct. 26, 2010]