### Question
How does the law define operating expenses?


### Answer
Under *20 U.S.C. § 1092*, **operating expenses** is defined as:

> expenditures on lodging and meals, transportation, officials, uniforms and equipment

#### Citation:
  - *20 U.S.C. § 1092*
  - Heading: **CHAPTER 27-NATIONAL VOCATIONAL STUDENT LOAN INSURANCE > SUBCHAPTER IV-STUDENT ASSISTANCE > Part F-General Provisions Relating to Student Assistance Programs**

