The Secretary may waive or reduce the non-Federal share required under this subchapter for institutions that—
(1) are eligible to receive assistance under part A or B of subchapter III or under subchapter V; and
(2) have submitted a grant application under this section that demonstrates a need for a waiver or reduction, as determined by the Secretary.
(Pub. L. 89–329, title VI, § 632, as added Pub. L. 110–315, title VI, § 622, Aug. 14, 2008, 122 Stat. 3343.)
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