of 1965 ( 20 U.S.C. 6311 et seq.) for the preceding fiscal year bears to the amount all State educational agencies received under such part for the preceding fiscal year. (c) Reservation by State educational agency (1) In general Of the amounts allocated to a State educational agency under subsection (b)(2) for a fiscal year, such State educational agency may reserve not more than 5 percent— (A) for administrative costs of carrying out subgrants under subsection (d)