Oklahoma SB2051 creates the Oklahoma Research Attraction Program to provide matching grants for higher education institutions.
Oklahoma SB2051 establishes the Oklahoma Research Attraction Program (ORAP) to be managed by the Oklahoma State Regents for Higher Education. The program aims to enhance research capacity at eligible institutions by providing matching funds to leverage private gifts. Eligible institutions can use matching grants for educational and general activities, including research and student services. Unused grants may be carried over to subsequent fiscal years. The act also creates the ORAP Revolving Fund, a continuing fund for the program, funded by legislative appropriations and private gifts.
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