Under what conditions does the Secretary terminate a grant?
34 C.F.R. § 608.42
in effectEffective: 2024-07-01The Secretary terminates any grant under which funds were not expended if an institution loses—
(a) Its accredited status; or
(b) Its legal authority in the State in which it is located—
(1) To be a junior or community college; or
(2) To provide an educational program for which it awards a bachelor's degree.
Source: eCFRURL: https://www.ecfr.gov/api/versioner/v1/full/2024-07-01/title-34.xmlFetched: 7/26/2026