SECTION 25:25-1-2. Requirements for receiving funding for an Aerospace and Aviation Education Grant Program

(a)   The Oklahoma Aeronautics Commission shall identify and award grants to public schools, colleges, and universities, and execute contracts with private entities to promote aviation, aerospace, and STEM (science, technology, engineering and mathematics) education programs that have direct application to aviation and promote careers in aviation and aerospace among Oklahoma students. All grant proposals must demonstrate a direct application to aviation.

(b)   Each school, college, university, teacher or private entity must complete the Aerospace and Aviation Education Grant application located on the website of the Commission.

(c)   A private entity or organization must also complete the Aerospace and Aviation Education Grant application and if their application is selected, enter into a contract with the Oklahoma Aeronautics Commission for the project. Additional contractual forms will also need to be completed.

(d)   Applications must be submitted or postmarked no later than May 31^st in order to be considered for the following fiscal year which starts July 1^st. If May 31^st occurs on a weekend or holiday, applications may be submitted on the next business day following the weekend or holiday.

(e)   Applicants who receive approval must provide a Financial Report, corresponding receipts, final invoice and a Completion Report to the Oklahoma Aeronautics Commission which documents the usage of funds and gives a detailed description of the program's implementation. This documentation is due within sixty (60) days of the completion of the program.

(f)   If the Financial Report, corresponding receipts, final invoice and the Completion Report are not turned in within the sixty (60) day period, the applicant forfeits the remaining twenty percent (20%) or any outstanding balances.

(g)   If an applicant forfeits money, the applicant is prohibited from applying for a grant the following year.

(h)   Applicants may request a thirty (30) day extension if they are unable to submit the Financial Report, corresponding receipts, final invoice and the Completion Report within the sixty (60) day period.

(i)   The thirty (30) day extension request must be received within sixty (60) days of the completion of the program.

(j)   The maximum cost share of any grant or contract awarded by the Commission shall not exceed 50% of the total program cost unless the funding request by the applicant is less than $3,000 in which case the maximum cost share shall be 90%.

(k)   For start-up or new programs, Commission funding cannot be provided until all other funding sources necessary to complete the program have been identified.

[Source: Added at 26 Ok Reg 2416, eff 7-11-09; Amended at 28 Ok Reg 765, eff 5-26-11; Amended at 32 Ok Reg 1515, eff 9-11-15; Amended at 34 Ok Reg 796, eff 9-11-17]