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Why is the first year of the MSP funding cycle shorter (running from October 1, 2012-June 30, 2013) than Years two and three?

Q:  Why is the first year of the MSP funding cycle shorter (running from October 1, 2012-June 30, 2013) than Years two and three?

A:  The ESEA Title II, Part B, MSP Programs are typically funded from July 1-June 30.  However, the first year of the Montana 2013-15 grant program will begin October 1.  In order to “catch up” with the federal cycle, Year 1 of funding will end June 30, 2013.  Budget Years 2 and 3 will begin July 1 and end on June 30.  Funds not completely spent in Year 1 may be rolled over into Year 2.


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Last Updated
10th of August, 2012

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