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federal register

Friday
January 23, 1998

Part II

Department of
Education
Strengthening Institutions Programs;
Notice Inviting Applications for New
Awards for Fiscal Year 1998; Notice

3619
3620 Federal Register / Vol. 63, No. 15 / Friday, January 23, 1998 / Notices

DEPARTMENT OF EDUCATION Average Average li- departmental regulations in 34 CFR Part


market brary ex- 628 governing the Endowment
[CFDA No. 84.031] value of en- penditures Challenge Grant program. Only
dowment for mate-
Strengthening Institutions Programs; fund, per rials, per institutions requesting and competing
Notice Inviting Applications for New FTE FTE successfully for new individual
Awards for Fiscal Year 1998 development grants in Fiscal Year 1998
Two-year Public may use up to 20% of the funds for
Purpose of Program: Provide grants to Institutions ..... $1,332 $45 endowment building; non-competing
eligible institutions of higher education Two-year Non- continuation grantees are not eligible for
to improve their academic quality, profit, Private
endowment building.
institutional management, and fiscal Institutions ..... 11,567 121
Four-year Public FOR FURTHER INFORMATION CONTACT:
stability in order to increase their self-
Institutions ..... 2,829 165
Blanca Westgate, U.S. Department of
sufficiency. Four-year Non-
This grant program should be seen as Education, 600 Independence Avenue,
profit Private
an opportunity for applicants to support Institutions ..... 42,579 254
SW, Portals Building, Suite CY–80,
those elements of the National Washington, D.C. 20202–5335.
Education Goals that are relevant to If a tie still remains after applying the Telephone: (202) 708–8839. Individuals
their unique missions. above, the Secretary determines that who use a telecommunications device
Deadline for Transmittal of institutions will receive an award for the deaf (TDD) may call the Federal
Applications: March 17, 1998. according to a combined ranking of two Information Relay Service (FIRS) at 1–
Deadline for Intergovernmental year-and four-year institutions. The 800–877–8339 between 8 a.m. and 8
Review: April 9, 1998. ranking is established by awarding p.m., Eastern Time, Monday through
Applications Available: Applications points for combined FTE averages of Friday.
will be mailed by January 26, 1998 to library expenditures and endowment Individuals with disabilities may
the office of the president of all values by similar type institutions. obtain this document in an alternate
institutions that will receive an Institutions whose combined FTE format (e.g., Braille, large print, audio
application to be designated as an averages of library expenditures and tape, or computer diskette) on request to
eligible institution under the endowment values are the lowest are the contact person listed in the
Strengthening Institutions Program. ranked higher in strict numerical order.
Available Funds: $17,000,000. preceding paragraph.
Applicable Regulations: (a) The
Estimated Range of Awards: $327,000 Individuals with disabilities may
Department of Education General
to $350,000 per year for five-year obtain a copy of the application package
Administrative Regulations (EDGAR) in
development grants; $30,000 to $35,000 34 CFR Parts 74, 75, 77, 79, 82, 85, and in an alternate format, also, by
for one-year planning grants. 86; and (b) the regulations for this contacting that person. However, the
Estimated Average Size of Awards: Department is not able to reproduce in
program in 34 CFR Part 607.
$338,500 per year for five-year SUPPLEMENTARY INFORMATION: Please an alternate format the standard forms
development grants; $32,500 for one note that 34 CFR 607.9(b)(2), (3) and (4) included in the application package.
year planning grants. have been superseded by § 313(a) of the Electronic Access to This Document
Estimated Number of Awards: 48
Higher Education Act of 1965, as
development grants; 14 planning grants. Anyone may view this document, as
Project Period: 60 months for amended (HEA). Accordingly, please
disregard those sections, which are well as all other Department of
development grants; 12 months for
planning grants. found in appendix VI of the application. Education documents published in the
In making awards for fiscal year 1998, Federal Register, in text or portable
Note: The Department is not bound by any the Secretary will give priority for grants document format (pdf) on the World
estimates in this notice. to the highest ranked applicants who are Wide Web at either of the following
Special Funding Considerations: In not or were not recipients of an sites:
tie-breaking situations described in 34 individual Strengthening Institutions
CFR 607.23 of the Strengthening Program development grant on or after http://gcs.ed.gov/fedreg.htm
Institutions program regulations, the October 1, 1997. While institutions that http://www.ed.gov/news.html
Secretary awards one additional point are or were recipients of individual To use the pdf you must have the
under § 607.23 to an application from an Strengthening Institutions Program Adobe Acrobat Reader Program with
institution that has an endowment fund development grants on or after October Search, which is available free at either
for which the current market value, per 1, 1997 may submit applications if they of the previous sites. If you have
full-time equivalent (FTE) student, is wish, those applications will be questions about using the pdf, call the
less than the average, per FTE student, reviewed only if funds are available U.S. Government Printing Office toll
at similar type institutions; and one after all priority applications are free at 1–888–293–6498.
additional point to an application from funded. The Secretary does not
an institution that has expenditures for anticipate having any funds available Anyone may also view these
library materials, per FTE student, that after all priority applications are documents in text copy only on an
are less than the average, per FTE funded. electronic bulletin board of the
student, at similar type institutions. In § 312 of the FY 1998 appropriation Department. Telephone (202)219–1511
For the purposes of these funding bill, Congress authorized the use of up or, toll free, 1–800–222–4922. The
considerations, an applicant must be to 20% of grant funds awarded to an documents are located under Option G-
able to demonstrate that the current institution under the Part A- Files/Announcements, Bulletins and
market value of its endowment fund, Strengthening Program for endowment Press Releases.
per FTE student, or expenditures for building. Any institution seeking to use Note: The official version of a document is
library materials, per FTE student, is Part A funds for endowment building the document published in the Federal
less than the following national average purposes shall indicate that intention in Register.
for base year 1995–96: its application and shall abide by the Program Authority: 20 U.S.C. 1057.
Federal Register / Vol. 63, No. 15 / Friday, January 23, 1998 / Notices 3621

Dated: January 16, 1998.


David A. Longanecker,
Assistant Secretary for Postsecondary
Education.
[FR Doc. 98–1560 Filed 1–22–98; 8:45 am]
BILLING CODE 4000–01–P

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