Ed_banner_left Ed_banner_right
U.S. Department of Education: Promoting Educational Excellence for all Americans
Statute: TITLE I / A / 602 / 8

(8) Excess costs.--The term `excess costs' means those costs that are in excess of the average annual per-student expenditure in a local educational agency during the preceding school year for an elementary school or secondary school student, as may be appropriate, and which shall be computed after deducting--

(A) amounts received--

(i) under part B;

(ii) under part A of title I of the Elementary and Secondary Education Act of 1965; and

(iii) under parts A and B of title III of that Act; and

(B) any State or local funds expended for programs that would qualify for assistance under any of those parts.