34 CFR 694.10 - What are the requirements that a Partnership must meet in designating a fiscal agent for its project under this program?

Regulations most recently checked for updates: Aug 28, 2025

§ 694.10 - What are the requirements that a Partnership must meet in designating a fiscal agent for its project under this program?

Although any member of a Partnership may organize the project, a Partnership must designate as the fiscal agent for its project under GEAR UP—

(a) A local educational agency; or

(b) An institution of higher education.

(Authority: 20 U.S.C. 1070a-22) [65 FR 24760, Apr. 27, 2000. Redesignated at 75 FR 65798, Oct. 26, 2010; 85 FR 49828, Aug. 14, 2020]