 
               CHAPTER 52--EDUCATION FOR ECONOMIC SECURITY
 
SUBCHAPTER III--PARTNERSHIPS IN EDUCATION FOR MATHEMATICS, SCIENCE, AND 
                               ENGINEERING
 
         Part B--Elementary and Secondary Education Partnerships
 
Sec. 3998. Computation of grant amounts


(a) Payments to grantees

                        (1) Payment by State

        The State shall pay to the extent of amounts received by it from 
    the Secretary under this part, to each applicant having an 
    application approved under section 3997 of this title, the Federal 
    share of the cost of the program described in the application.

                             (2) Amount

        (A) Except as provided in subparagraph (B), the Federal share 
    for each fiscal year shall be 75 percent.
        (B) In the case of an applicant that receives a waiver under 
    section 3995(c) of this title, the Federal share for each fiscal 
    year may be as much as 100 percent.

                        (3) Non-Federal share

        The non-Federal share of payments under this part may be in cash 
    or in kind, fairly evaluated, including plant, equipment, or 
    services.

(b) Payments to States

    Except as provided in subsection (c) of this section, each State 
shall receive under this part the greater of--
        (1) an amount equal to its share of funds appropriated under 
    chapter 1 of the Education Consolidation and Improvement Act; or
        (2) $225,000.

(c) Reduction for insufficient funding

    If sums appropriated to carry out this part are not sufficient to 
permit the Secretary to pay in full the grants which States may receive 
under subsection (b) of this section, the amount of such grants shall be 
ratably reduced.

(Pub. L. 98-377, title III, Sec. 328, as added Pub. L. 100-418, title 
VI, Sec. 6031(a)(2), Aug. 23, 1988, 102 Stat. 1482.)

                       References in Text

    The Education Consolidation and Improvement Act, referred to in 
subsec. (b)(1), probably means the Education Consolidation and 
Improvement Act of 1981, which is subtitle D [Secs. 551 to 596] of title 
V of Pub. L. 97-35, Aug. 13, 1981, 95 Stat. 463, as amended. Chapter 1 
of the Act was classified generally to subchapter I (Sec. 3801 et seq.) 
of chapter 51 of this title, prior to repeal by Pub. L. 100-297, title 
I, Sec. 1003(a), Apr. 28, 1988, 102 Stat. 293. For complete 
classification of this Act to the Code, see Tables.
