In 1999, grants were made for 59 undergraduate programs. 400 Maryland Ave., SW., Washington, DC 20202-5332. The Federal share for each fiscal year shall not exceed 50 percent of the cost of each project. The Secretary may waive or reduce the matching requirement for institutions that are eligible to receive assistance under part A or B of Title III or under Title V of the Higher Education Act of 1965, as amended. Payments are made as stipulated in the grant.
Renewals are subjects to the availability of funds.
All programs must provide final reports upon completion of the program. All fiscal records will be subject to audit any time within three years after expiration of the grant.