Federal share of grant is up to 90 percent. The nonfederal share may be in cash or in-kind. The statute contains a formula for allocation of funds by State. It is based on the population of each State under age 18 as a proportion of the national population under age 18. Payments are made monthly to the grantee.
Financial reports are due semi-annually and program reports are due quarterly.
A final report is due 90 days after conclusion of project period. Audits are conducted in accordance with the requirements in 45 CFR 74 and 92. All financial records are to be maintained 3 years after termination of the project or until audit is completed, whichever occurs first.