FO, CL, and OL loan funds are allocated to State Offices using one or more of the following allocation methods:
Formula allocation, if data, as specified in § 761.205, is available to use the formula for the State.
Administrative allocation, if the Agency cannot adequately meet program objectives with a formula allocation. The National Office determines the amount of an administrative allocation on a case-by-case basis.
Base allocation, to ensure funding for at least one loan in each State, District, or County Office. In making a base allocation, the National Office may use criteria other than those used in the formula allocation, such as historical Agency funding information.
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