1. (a) The council shall approve or disapprove a matching grant application within sixty (60) days after the application is received by the council.

2. (b) The council may approve a grant application with an amount that is the same or less than the amount requested by the state educational institution.

   [Pre-2007 Higher Education Recodification Citation: 20-12-69-11.]

As added by P.L.2-2007, SEC.279.