[Federal Register Volume 66, Number 189 (Friday, September 28, 2001)]
[Notices]
[Pages 49645-49646]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-24265]


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DEPARTMENT OF EDUCATION

[CFDA No. 84.220A]


Office of Postsecondary Education; Centers for International 
Business Education Program; Notice Inviting Applications for New Awards 
for Fiscal Year (FY) 2002

    Purpose of Program: The Centers for International Business 
Education Program provides grants to eligible applicants to pay the 
Federal share of the cost of planning, establishing, and operating 
centers for international business education which--
    (1) will be national resources for the teaching of improved 
business techniques, strategies, and methodologies which emphasize the 
international context in which business is transacted;
    (2) will provide instruction in critical foreign languages and 
international fields needed to provide understanding of the cultures 
and customs of United States trading partners; and
    (3) will provide research and training in the international aspects 
of trade, commerce, and other fields of study.
    Eligible Applicants: Institutions of higher education and 
combinations of institutions of higher education.
    Applications Available: September 28, 2001.
    Deadline for Transmittal of Applications: November 5, 2001.
    Deadline for Intergovernmental Review: January 4, 2002.
    Estimated Available Funds: The Administration has requested 
$8,760,000 for this program for FY 2002. The actual level of funding, 
if any, will depend on final congressional action. However, we are 
inviting applications to allow enough time to process the applications 
and make the awards if Congress appropriates funds for this program.
    Estimated Range of Awards: $220,000-$340,000.
    Estimated Average Size of Awards: $312,857 per year.
    Estimated Number of Awards: 28.

    Note: The Department is not bound by any estimates in this 
notice.


[[Page 49646]]


    Project Period: Up to 48 months.
    Applicable Regulations: (a) The Education Department General 
Administrative Regulations (EDGAR) in 34 CFR parts 74, 75, 77, 79, 82, 
85, 86, 97, 98 and 99 as applicable. (b) As there are no program-
specific regulations, applicants are encouraged to read the authorizing 
statute for the Centers for International Business Education Program in 
section 612 of Title VI, Part B, of the Higher Education Act of 1965, 
as amended, (HEA), 20 U.S.C. 1130-1.

SUPPLEMENTARY INFORMATION: Matching requirement: Under Title VI, Part 
B, section 612(e)(2) of the HEA, the Federal share of the cost of 
planning, establishing, and operating centers under this section shall 
be:
    (1) Not more than 90 percent for the first year in which Federal 
funds are received;
    (2) Not more than 70 percent for the second year; and
    (3) Not more than 50 percent for the third year and for each year 
thereafter.
    (4) Applicants who have received previous grants must match 50 
percent of the costs of projects for each fiscal year. The non-Federal 
share may be either in cash or in-kind assistance. Example: If the 
total cost of the proposed project is $300,000 in the first year, a new 
applicant can only request a grant for $270,000 or less in the first 
year, and must provide the remaining 10 percent ($30,000) in cash or 
in-kind contributions. If the total cost of the project for the second 
year is $350,000, the applicant can only request $245,000 or less, and 
must provide the remaining 30 percent ($105,000). For both the third 
and fourth years, if the total cost of the project is $400,000, the 
applicant can only request $200,000 or less, and must provide the 
remaining 50 percent ($200,000). All applicants who have received 
funding in prior years must provide 50 percent per year for each of the 
four years of the project.

FOR APPLICATIONS AND FURTHER INFORMATION CONTACT:  Susanna Easton, 
Centers for International Business Education Program, U.S. Department 
of Education, International Education and Graduate Programs Service, 
1990 K Street, NW., Suite 600, Washington, DC 20006-8521. Telephone: 
202-502-7628 or via Internet: [email protected]
If you use a telecommunications device for the deaf (TDD), you may call 
the Federal Information Relay Service (FIRS) at 1-800-877-8339.
    Individuals with disabilities may obtain this document in an 
alternative format (e.g., Braille, large print, audiotape, or computer 
diskette) on request to the program contact person listed under FOR 
APPLICATIONS AND FURTHER INFORMATION CONTACT.
    Individuals with disabilities may obtain a copy of the application 
package in an alternative format by contacting that person. However, 
the Department is not able to reproduce in an alternative format the 
standard forms included in the application package.

Electronic Access to This Document

    You may view this document, as well as all other Department of 
Education documents published in the Federal Register, in text or Adobe 
Portable Document Format (PDF) on the Internet at the following site: 
http://www.ed.gov/legislation/FedRegister
    To use PDF you must have Adobe Acrobat Reader, which is available 
free at this site. If you have questions about using PDF, call the U.S. 
Government Printing Office (GPO), toll free, at 1-888-293-6498; or in 
the Washington, DC area at (202) 512-1530.

    Note: The official version of this document is the document 
published in the Federal Register. Free Internet access to the 
official edition of the Federal Register and the Code of Federal 
Regulations is available on GPO Access at: http://www.access.gpo.gov/nara/index.html


    Program Authority:  20 U.S.C. 1130-1.

    Dated: September 24, 2001.
Maureen A. McLaughlin,
Deputy Assistant Secretary for Policy, Planning and Innovation, Office 
of Postsecondary Education.
[FR Doc. 01-24265 Filed 9-27-01; 8:45 am]
BILLING CODE 4000-01-P