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34 CFR § 658.40 - What are the limitations on allowable costs?

---
identifier: "/us/cfr/t34/s658.40"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "34 CFR § 658.40 - What are the limitations on allowable costs?"
title_number: 34
title_name: "Education"
section_number: "658.40"
section_name: "What are the limitations on allowable costs?"
chapter_name: "OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION"
part_number: "658"
part_name: "UNDERGRADUATE INTERNATIONAL STUDIES AND FOREIGN LANGUAGE PROGRAM"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "20 U.S.C. 1124, unless otherwise noted."
regulatory_source: "47 FR 14122, Apr. 1, 1982, unless otherwise noted."
cfr_part: "658"
---

# 658.40 What are the limitations on allowable costs?

(a) Equipment costs may not exceed five percent of the grant amount; and

(b) No more than ten percent of the total amount of grant funds awarded to a grantee under this part may be used for the activity described in § 658.11(j).

(Authority: 20 U.S.C. 1124)

[74 FR 35074, July 17, 2009]