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164.288 Power of state postsecondary education institutions to accept federal aid.

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164.288 Power of state postsecondary education institutions to accept federal aid. Any of the state postsecondary educational institutions or the state on behalf of any of the <br>institutions may accept federal aid in the form of services, equipment, supplies, materials, <br>or funds by way of gift, grant, or loan for the purpose of higher education, including <br>student loans. Any of the institutions acting through its president or its governing board is <br>hereby authorized to receive such services, equipment, supplies, materials, and funds as <br>are available. The institutions are authorized to use funds appropriated to them in carrying <br>out the matching provisions required by federal programs, loans, or grants. Effective: May 30, 1997 <br>History: Amended 1997 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 92, effective May 30, 1997. -- Amended 1988 Ky. Acts ch. 257, sec. 1, effective July 15, 1988. -- Amended <br>1972 Ky. Acts ch. 203, sec. 31. -- Created 1960 Ky. Acts ch. 136, sec. 1.