Illinois Administrative Code
Title 23 - EDUCATION AND CULTURAL RESOURCES
Part 1038 - STATE MATCHING GRANT PROGRAM
Section 1038.60 - Use of Grant Funds
Universal Citation: 23 IL Admin Code ยง 1038.60
Current through Register Vol. 48, No. 12, March 22, 2024
a) State Matching Grant Program grant funds may be used only for:
1) All or part of the institution's required
matching contribution during the expenditure period for eligible supported
research projects for which the institution receives formal notification of the
awarding of sponsor research funds during the award eligibility
period.
2) Audit of grant
funds.
b) The Board will distribute grant funds to institutions based on:
1) The institution's allocation of grant
funds as determined in Section
1038.40, one-half
of which will be distributed to grant recipients at the time of
allocation.
2) Not later than May 1
of the grant year, each institution receiving a grant shall submit to the Board
a request for the distribution of the remaining grant funds that includes a
listing of all eligible supported research projects for which the institution
received award notification during the award eligibility period.
For each supported project, the following information shall be submitted:
A) project title;
B) copy of official award notification letter
from the project sponsors; and
C) a
description of institution matching requirements and contributions to be
expended during the expenditure period.
c) Any single supported research project shall not be eligible for more than ten percent of the grant funds appropriated by the State for the grant period.
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