34 CFR § 692.60 - What must a State do to receive an allotment under the SLEAP Program?

---
identifier: "/us/cfr/t34/s692.60"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "34 CFR § 692.60 - What must a State do to receive an allotment under the SLEAP Program?"
title_number: 34
title_name: "Education"
section_number: "692.60"
section_name: "What must a State do to receive an allotment under the SLEAP Program?"
chapter_name: "OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION"
part_number: "692"
part_name: "LEVERAGING EDUCATIONAL ASSISTANCE PARTNERSHIP 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. 1070c-1070c-4, unless otherwise noted."
regulatory_source: "52 FR 45433, Nov. 27, 1987, unless otherwise noted."
cfr_part: "692"
---


# 692.60 What must a State do to receive an allotment under the SLEAP Program?

To receive an allotment under the SLEAP Program, a State must—

(a) Submit an application in accordance with the provisions in § 692.20;

(b) Identify the activities in § 692.71 for which it plans to use the SLEAP Federal and non-Federal funds;

(c) Ensure that the non-Federal funds used as matching funds represent dollars that are in excess of the total dollars that a State spent for need-based grants, scholarships, and work-study assistance for fiscal year 1999, including the State funds reported as part of its LEAP Program;

(d) Provide an assurance that for the fiscal year prior to the fiscal year for which the State is requesting Federal funds, the amount the State expended from non-Federal sources per student, or the aggregate amount the State expended, for all the authorized activities in § 692.71 will be no less than the amount the State expended from non-Federal sources per student, or in the aggregate, for those activities for the second fiscal year prior to the fiscal year for which the State is requesting Federal funds; and

(e) Ensure that the Federal share will not exceed one-third of the total funds expended under the SLEAP Program.

(Authority: 20 U.S.C. 1070c-3a)

[65 FR 65608, Nov. 1, 2000, as amended at 66 FR 34039, June 26, 2001]