TITLE 23: EDUCATION AND CULTURAL RESOURCES
SUBTITLE A: EDUCATION
CHAPTER II: BOARD OF HIGHER EDUCATION
PART 1037 CAPITAL IMPROVEMENT GRANTS TO NONPUBLIC INSTITUTIONS OF HIGHER LEARNING FOR LABORATORY, RESEARCH AND INSTRUCTIONAL AREA RENOVATION
SECTION 1037.60 FUNDING FORMULA


 

Section 1037.60  Funding Formula

 

A minimum grant of $10,000 will be allocated to each institution determined to be eligible for a grant under this Part.  The remainder of funds appropriated for this program will be allocated among eligible institutions in accordance with a formula based on the ratio of the individual applicant institution's eligible gross square feet to the combined total of all applicant institutions' total eligible gross square feet.