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20 U.S.C. § 10004 20 u.s.c. · state fiscal stabilization fund · title 20
20 U.S.C. § 10004
Uses of funds by institutions of higher education
Title 20 USC
● ACTIVE
Ch. 80
Jurisdiction Federal — United States
Chapter STATE FISCAL STABILIZATION FUND
Primary Source uscode.house.gov ↗
Federation ID OM-USC20-SEC-2D84FC
STATUTORY TEXT primary source · verbatim · uscode.house.gov

U.S.C. Title 20 - EDUCATION 20 U.S.C. United States Code, 2023 Edition Title 20 - EDUCATION CHAPTER 80 - STATE FISCAL STABILIZATION FUND Sec. 10004 - Uses of funds by institutions of higher education From the U.S. Government Publishing Office, www.gpo.gov

§10004. Uses of funds by institutions of higher education

(a) In general A public institution of higher education that receives funds under this chapter shall use the funds for education and general expenditures, and in such a way as to mitigate the need to raise tuition and fees for in-State students, or for modernization, renovation, or repair of institution of higher education facilities that are primarily used for instruction, research, or student housing, including modernization, renovation, and repairs that are consistent with a recognized green building rating system. (b) Prohibition An institution of higher education may not use funds received under this chapter to increase its endowment. (c) Additional prohibition No funds awarded under this chapter may be used for— (1) the maintenance of systems, equipment, or facilities; (2) modernization, renovation, or repair of stadiums or other facilities primarily used for athletic contests or exhibitions or other events for which admission is charged to the general public; or (3) modernization, renovation, or repair of facilities— (A) used for sectarian instruction or religious worship; or (B) in which a substantial portion of the functions of the facilities are subsumed in a religious mission.

(Pub. L. 111–5, div. A, title XIV, §14004, Feb. 17, 2009, 123 Stat. 281.)

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 20 U.S.C. § 10004 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
OakMorel Law
20 U.S.C.
Citation
20 U.S.C. § 10004
Status
● ACTIVE
Chapter
80 — STATE FISCAL STABILIZATION FUND
Title
Education
Jurisdiction
Federal
Federation ID
OM-USC20-SEC-2D84FC
Root-LD Spec
v1.0
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Education — 20 U.S.C. § 10004