34 C.F.R. § 637.15
(b) Activities that the Secretary may fund under cooperative projects include, but are not limited to, the following:
(c) Eligible applicants for cooperative projects are groups of nonprofit accredited colleges and universities whose primary fiscal agent is an eligible minority institution as defined in § 637.4(b).
(Authority: 20 U.S.C. 1067-1067c, 1067g-1067k, 1068, and 1068b)