; and (B) section 499H(12)(B)(ii), with respect to funds included under paragraph (2)(B). (4) No in-kind contributions A State shall not include in-kind contributions for purposes of the State share described in paragraph (1). (c) Determining number of eligible students (1) In general For purposes of subsection (a) and subsection (b), the Secretary shall develop and implement a formula for accurately estimating the number of eligible students and for making adjustments based on the number of eligible students enrolled in the community colleges operated or controlled by a State or in an eligible Tribal College or University on less than a full-time basis and the associated tuition and fees charged to such students in proportion to the degree to which each such student is not attending on a full-time basis. (2) Initial determination For the first year for which grants are awarded under this subpart, the number of eligible students in a State or eligible Tribal College or University shall be considered to be equal to the number of eligible students who were in the State or eligible Tribal College or University for the preceding school year. (d) Adjustment of grant amount Not later than 180 days after the date on which a State or eligible Tribal College or University receives a grant under this subpart, the Secretary shall— (1) in consultation with the State or eligible Tribal College or University concerned, determine whether the actual number of eligible students in the State or eligible Tribal College or University for the year covered by the grant is greater than the estimated number of such students that was used to determine the amount of the grant