### Question
How is the "covered fiscal year" defined?


### Answer
The term **covered fiscal year** is defined in *7 U.S.C. § 3222* as follows -

> the fiscal year for which the qualified eligible institution first received an allocation of $3,000,000 under clause (ii)(I)

#### Citation:
  - *7 U.S.C. § 3222*
  - Heading: **CHAPTER 64-AGRICULTURAL RESEARCH, EXTENSION, AND TEACHING > SUBCHAPTER VI-1890 LAND-GRANT COLLEGE FUNDING**

