RELEASE OF GRANT FUNDS. A. Upon the execution of the Agreement by the parties and the receipt of an OSHE approved budget from the Grantee, payment of grant funds awarded under this Agreement shall be made by OSHE to the Grantee according to the schedule below: a. Article III FY22 Summer Program Advance (100% of allocation) b. Article IV FY22 Summer Program Funding (100% of allocation) c. Article III FY23 Undergraduate Advance (75% of half of allocation) d. Article III FY23 Graduate Advance (100% of initial enrollment requests submitted) A second payment of the balance the funds awarded under portion this Agreement shall be made by OSHE to the Grantee no later than June 30, 2023, but only subsequent to the review and approval of the appropriate program roster or expenditure reports submitted to OSHE.
Appears in 62 contracts
Samples: Grant Agreement, Grant Agreement, Grant Agreement
