Fiscal year 2018 allocations are based on CTE Pell count. In years past, the allocations have been based on overall Pell count. The CTE Pell count is derived from self-reported information provided by the college to the ICCB. Since these counts have not been such high stakes in the past, these allocations will include a 5% loss limit, to be in place over the next three years (FY2017- FY2019). This 5% loss limit is calculated based upon the difference between overall Pell count and CTE Pell count.
State CTE Formula Allocations
State CTE allocations for both fiscal years 2017 and 2018 have been provided through P.A. 100-0021 fulfilling the maintenance of effort requirement by the Carl D. Perkins Law.
Fiscal Year 2017
Fiscal Year 2018
- FY2018 State CTE Allocations including PIG
- Please use the following policy guidelines for these restricted funds
Final payment requests must be submitted no later than August 1st of the following fiscal year. For additional guidance on accessing and managing grant funds, refer to your contractual agreement.
Both fiscal and programmatic administrators should be conscious of the funding deadlines provided in order to ensure reimbursement. These deadlines are specific to the Perkins grant and may vary for other grant opportunities made available by the ICCB.
|June 30th||Grant funds must be obligated|
|June 30th||Good/products must be ordered and services must be rendered|
|August 1st||Grant funds must be requested|
|August 31st||Grant funds must be expended and all goods/products received|