New Jersey Administrative Code
Title 9A - HIGHER EDUCATION
Chapter 18 - RULES AND PROCEDURES FOR IMPLEMENTATION OF THE BUILDING OUR FUTURE BOND ACT
Subchapter 1 - GENERAL PROVISIONS
Section 9A:18-1.9 - Payment of the grant
Universal Citation: NJ Admin Code 9A:18-1.9
Current through Register Vol. 56, No. 6, March 18, 2024
(a) The institution shall provide the matching funds on the schedule set forth in the grant agreement.
(b) If an institution fails to pay the matching funds as set forth in the grant agreement, the Secretary may terminate the grant agreement, whereupon no additional grant funds will be provided for the institution for the project.
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