Grants & Contracts
Research & Statistics
A r c h i v e d I n f o r m a t i o n
New Flexibility Provisions under NCLB
Student Achievement and School Accountability Conference
Text (slide 44):
An LEA receives $100,000 of FY 2002 formula grant funds under the Educational Technology State Grant (Ed Tech) program. The LEA is eligible to transfer up to $50,000 of this amount.
The LEA transfers $40,000 of its Ed Tech allocation to its FY 2002 allocation under Part A of Title I.
The LEA does not expend all of its remaining Ed Tech funds during the year for which the funds were appropriated, and carries over $30,000 of FY 2002 Ed Tech funds to the succeeding fiscal year.
In that succeeding year, the LEA may transfer only up to $10,000 of the Ed Tech carryover funds.
($50,000 transfer limit$40,000 already transferred = $10,000 that may still be transferred)