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20 U.S.C. § 1088a — Clock and credit hour treatment of di-

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20 U.S.C. § 1088a — Clock and credit hour treatment of di-

Page 636 TITLE 20—EDUCATION § 1088a ‘‘(4) section 484(m)(1) [20 U.S.C. 1091(m)(1)], relating to proportion of courses permitted to be correspond- ence courses, as added by such amendments shall be effective on and after October 1, 1992; ‘‘(5) the changes in section 485 [20 U.S.C. 1092], re- lating to disclosures, shall be effective with respect to periods of enrollment beginning on or after July 1, 1993; ‘‘(6) the changes in section 488 [20 U.S.C. 1095], re- lating to transfers of allotments, shall apply with re- spect to funds provided for award years beginning on or after July 1, 1993; and ‘‘(7) the changes in section 489 [20 U.S.C. 1096], re- lating to payments for administrative expenses, shall apply with respect to funds provided for award years beginning on or after July 1, 1993.’’ EFFECTIVE DATE OF 1991 AMENDMENT Amendment by Pub. L. 102–26 applicable to any grant, loan, or work assistance to cover the cost of instruc- tion for periods of enrollment beginning on or after July 1, 1991, see section 2(d)(1) of Pub. L. 102–26, set out as a note under section 1085 of this title. EFFECTIVE DATE OF 1990 AMENDMENT Section 3005(c) of Pub. L. 101–508, which provided that the amendments made by section 3005 (amending this section and section 1091 of this title) were to apply to any grant, loan, or work assistance to cover the cost of instruction for periods of enrollment beginning on or after Jan. 1, 1991, was repealed by section 2(d)(2)(A) of Pub. L. 102–26. See Construction of 1991 Amendment note below. EFFECTIVE DATE OF 1987 AMENDMENT Amendment by Pub. L. 100–50 effective as if enacted as part of the Higher Education Amendments of 1986, Pub. L. 99–498, see section 27 of Pub. L. 100–50, set out as a note under section 1001 of this title. CONS

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Page 636 TITLE 20—EDUCATION § 1088a ‘‘(4) section 484(m)(1) [20 U.S.C. 1091(m)(1)], relating to proportion of courses permitted to be correspond- ence courses, as added by such amendments shall be effective on and after October 1, 1992; ‘‘(5) the changes in section 485 [20 U.S.C. 1092], re- lating to disclosures, shall be effective with respect to periods of enrollment beginning on or after July 1, 1993; ‘‘(6) the changes in section 488 [20 U.S.C. 1095], re- lating to transfers of allotments, shall apply with re- spect to funds provided for award years beginning on or after July 1, 1993; and ‘‘(7) the changes in section 489 [20 U.S.C. 1096], re- lating to payments for administrative expenses, shall apply with respect to funds provided for award years beginning on or after July 1, 1993.’’ EFFECTIVE DATE OF 1991 AMENDMENT Amendment by Pub. L. 102–26 applicable to any grant, loan, or work assistance to cover the cost of instruc- tion for periods of enrollment beginning on or after July 1, 1991, see section 2(d)(1) of Pub. L. 102–26, set out as a note under section 1085 of this title. EFFECTIVE DATE OF 1990 AMENDMENT Section 3005(c) of Pub. L. 101–508, which provided that the amendments made by section 3005 (amending this section and section 1091 of this title) were to apply to any grant, loan, or work assistance to cover the cost of instruction for periods of enrollment beginning on or after Jan. 1, 1991, was repealed by section 2(d)(2)(A) of Pub. L. 102–26. See Construction of 1991 Amendment note below. EFFECTIVE DATE OF 1987 AMENDMENT Amendment by Pub. L. 100–50 effective as if enacted as part of the Higher Education Amendments of 1986, Pub. L. 99–498, see section 27 of Pub. L. 100–50, set out as a note under section 1001 of this title. CONSTRUCTION OF 2006 AMENDMENT Nothing in amendment by section 8007(d) of Pub. L. 109–171 to be construed to authorize any refunding of any repayment of a loan, see section 8007(e) of Pub. L. 109–171, set out as a note under section 1078 of this title. CONSTRUCTION OF 1991 AMENDMENT Pub. L. 102–26, § 2(d)(2)(A), Apr. 9, 1991, 105 Stat. 124, provided that: ‘‘Section 3005 of the Omnibus Reconcili- ation Act of 1990 [Pub. L. 101–508, amending this section and section 1091 of this title and enacting provisions set out as a note above] is repealed. Sections 484(d) and 481(b) of the Act [20 U.S.C. 1091(d), 1088(b)] shall be ap- plied as if such section 3005 had not been enacted.’’ NEED-BASED AID Pub. L. 102–325, title XV, § 1544, July 23, 1992, 106 Stat. 837, authorized institutions of higher education to vol- untarily agree with other such institutions to award fi- nancial aid not awarded under this chapter to students attending such institutions only on basis of dem- onstrated financial need for such aid, and to discuss and adopt principles of professional judgment for deter- mining student financial need for such aid, with excep- tions for cases pending on July 23, 1992, and for discus- sions or agreements on prospective financial aid awards to specific common applicants, and provided that such authorization was to expire on Sept. 30, 1994, prior to repeal by Pub. L. 103–382, title V, § 568(e)(2), Oct. 20, 1994, 108 Stat. 4061. See section 568(a)–(d) of Pub. L. 103–382, set out as a note under section 1 of Title 15, Commerce and Trade. § 1088a. Clock and credit hour treatment of di- ploma nursing schools Notwithstanding any other provision of this chapter, any regulations promulgated by the Secretary concerning the relationship between clock hours and semester, trimester, or quarter hours in calculating student grant, loan, or work assistance under this subchapter, shall not apply to a public or private nonprofit hospital- based school of nursing that awards a diploma at the completion of the school’s program of edu- cation. (Pub. L. 89–329, title IV, § 481A, as added Pub. L. 103–382, title III, § 360(a), Oct. 20, 1994, 108 Stat. 3969.) Editorial Notes PRIOR PROVISIONS Prior sections 1088a to 1088g were omitted in the gen- eral amendment of this part by Pub. L. 96–374. Section 1088a, Pub. L. 89–329, title IV, § 492, formerly § 462, as added Pub. L. 90–575, title I, § 151, Oct. 16, 1968, 82 Stat. 1032; renumbered § 492, Pub. L. 92–318, title I, § 137(b), June 23, 1972, 86 Stat. 272, related to the eligi- bility of residents of the Trust Territory of the Pacific Islands. See section 1091(b) of this title. Section 1088b, Pub. L. 89–329, title IV, § 493, formerly § 463, as added Pub. L. 90–575, title I, § 152, Oct. 16, 1968, 82 Stat. 1033; renumbered § 493, Pub. L. 92–318, title I, § 137(b), June 23, 1972, 86 Stat. 272; amended Pub. L. 94–482, title I, § 131(a), Oct. 12, 1976, 90 Stat. 2147; Pub. L. 95–43, § 1(a)(40), June 15, 1977, 91 Stat. 217, related to ad- ministration expenses. See section 1096 of this title. Section 1088b–1, Pub. L. 89–329, title IV, § 493A, as added Pub. L. 94–482, title I, § 131(b), Oct. 12, 1976, 90 Stat. 2148, related to institutional and financial assist- ance information for students. See section 1092 of this title. Section 1088b–2, Pub. L. 89–329, title IV, § 493B, as added Pub. L. 94–482, title I, § 131(b), Oct. 12, 1976, 90 Stat. 2149, related to student aid information services. Section 1088b–3, Pub. L. 89–329, title IV, § 493C, as added Pub. L. 94–482, title I, § 131(b), Oct. 12, 1976, 90 Stat. 2149, related to the student financial assistance training program. Section 1088c, Pub. L. 89–329, title IV, § 494, formerly § 464, as added Pub. L. 90–575, title I, § 152, Oct. 16, 1968, 82 Stat. 1033; renumbered § 494 and amended Pub. L. 92–318, title I, §§ 137(b), 138(a), June 23, 1972, 86 Stat. 272, 280, related to maintenance of effort requirement. Section 1088d, Pub. L. 89–329, title IV, § 495, as added Pub. L. 92–318, title I, § 139, June 23, 1972, 86 Stat. 280; amended S. Res. 4, Feb. 4, 1977; S. Res. 30, Mar. 7, 1979, related to requirement that copies of rules, regulations, instructions, and application forms be supplied to Con- gressional committees. Section 1088e, Pub. L. 89–329, title IV, § 496, as added Pub. L. 92–318, title I, § 139A(a), June 23, 1972, 86 Stat. 281, related to transfer of funds between programs. See section 1095 of this title. Section 1088f, Pub. L. 89–329, title IV, § 497, as added Pub. L. 92–318, title I, § 139B(a), June 23, 1972, 86 Stat. 281; amended Pub. L. 94–482, title I, § 132, Oct. 12, 1976, 90 Stat. 2150; Pub. L. 95–566, § 7, Nov. 1, 1978, 92 Stat. 2404, related to eligibility for student assistance. See section 1091 of this title. Section 1088f–1, Pub. L. 89–329, title IV, § 497A, as added Pub. L. 94–482, title I, § 133(a), Oct. 12, 1976, 90 Stat. 2150; amended Pub. L. 95–43, § 1(a)(41), June 15, 1977, 91 Stat. 217; Pub. L. 95–561, title XII, § 1231(b), Nov. 1, 1978, 92 Stat. 2346, related to fiscal eligibility of insti- tutions. Section 1088g, Pub. L. 89–329, title IV, § 498, as added Pub. L. 92–318, title I, § 139C(a), June 23, 1972, 86 Stat. 282, related to requirement of an affidavit of edu- cational purpose. Statutory Notes and Related Subsidiaries EFFECTIVE DATE Pub. L. 103–382, title III, § 360(b), Oct. 20, 1994, 108 Stat. 3969, provided that: ‘‘Subsection (a) [enacting this sec- Page 637 TITLE 20—EDUCATION § 1089 1 See References in Text note below. tion] and the amendment made by subsection (a) shall take effect on July 1, 1994.’’ § 1089. Master calendar (a) Secretary required to comply with schedule To assure adequate notification and timely de- livery of student aid funds under this sub- chapter, the Secretary shall adhere to the fol- lowing calendar dates in the year preceding the award year: (1) Development and distribution of Federal and multiple data entry forms— (A) by February 1: first meeting of the technical committee on forms design of the Department; (B) by March 1: proposed modifications, updates, and notices pursuant to sections 1087rr and 1090(a)(5) 1 of this title published in the Federal Register; (C) by June 1: final modifications, updates, and notices pursuant to sections 1087rr and 1090(a)(5) 1 of this title published in the Fed- eral Register; (D) by August 15: application for Federal student assistance and multiple data entry data elements and instructions approved; (E) by August 30: final approved forms de- livered to servicers and printers; (F) by October 1: Federal and multiple data entry forms and instructions printed; and (G) by November 1: Federal and multiple data entry forms, instructions, and training materials distributed. (2) Allocations of campus-based and Pell Grant funds— (A) by August 1: distribution of institu- tional application for campus-based funds (FISAP) to institutions; (B) by October 1: final date for submission of FISAP by institutions to the Department; (C) by November 15: edited FISAP and computer printout received by institutions; (D) by December 1: appeals procedures re- ceived by institutions; (E) by December 15: edits returned by in- stitutions to the Department; (F) by February 1: tentative award levels received by institutions and final Pell Grant payment schedule; (G) by February 15: closing date for receipt of institutional appeals by the Department; (H) by March 1: appeals process completed; (I) by April 1: final award notifications sent to institutions; and (J) by June 1: Pell Grant authorization levels sent to institutions. (3) The Secretary shall, to the extent prac- ticable, notify eligible institutions, guaranty agencies, lenders, interested software pro- viders, and, upon request, other interested par- ties, by December 1 prior to the start of an award year of minimal hardware and software requirements necessary to administer pro- grams under this subchapter. (4) The Secretary shall attempt to conduct training activities for financial aid adminis- trators and others in an expeditious and time- ly manner prior to the start of an award year in order to ensure that all participants are in- formed of all administrative requirements. (b) Timing for reallocations With respect to any funds reallocated under section 1070b–3(d), 1087–52(d), or 1087bb(i) of this title, the Secretary shall reallocate such funds at any time during the course of the year that will best meet the purpose of the programs under subpart 3 of part A, part C, and part E, re- spectively. However, such reallocation shall occur at least once each year, not later than September 30 of that year. (c) Delay of effective date of late publications (1) Except as provided in paragraph (2), any regulatory changes initiated by the Secretary affecting the programs under this subchapter that have not been published in final form by November 1 prior to the start of the award year shall not become effective until the beginning of the second award year after such November 1 date. (2)(A) The Secretary may designate any regu- latory provision that affects the programs under this subchapter and is published in final form after November 1 as one that an entity subject to the provision may, in the entity’s discretion, choose to implement prior to the effective date described in paragraph (1). The Secretary may specify in the designation when, and under what conditions, an entity may implement the provi- sion prior to that effective date. The Secretary shall publish any designation under this sub- paragraph in the Federal Register. (B) If an entity chooses to implement a regu- latory provision prior to the effective date de- scribed in paragraph (1), as permitted by sub- paragraph (A), the provision shall be effective with respect to that entity in accordance with the terms of the Secretary’s designation. (d) Notice to Congress The Secretary shall notify the authorizing committees when a deadline included in the cal- endar described in subsection (a) is not met. Nothing in this section shall be interpreted to penalize institutions or deny them the specified times allotted to enable them to return informa- tion to the Secretary based on the failure of the Secretary to adhere to the dates specified in this section. (e) Compliance calendar Prior to the beginning of each award year, the Secretary shall provide to institutions of higher education a list of all the reports and disclo- sures required under this chapter. The list shall include— (1) the date each report or disclosure is re- quired to be completed and to be submitted, made available, or disseminated; (2) the required recipients of each report or disclosure; (3) any required method for transmittal or dissemination of each report or disclosure; (4) a description of the content of each re- port or disclosure sufficient to allow the insti- tution to identify the appropriate individuals to be assigned the responsibility for such re- port or disclosure;

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Federal law — U.S. Code and appendices · legal_authorities

20 U.S.C. § 1088a — Clock and credit hour treatment of diploma nursing schools

Notwithstanding any other provision of this chapter, any regulations promulgated by the Secretary concerning the relationship between clock hours and semester, trimester, or quarter hours in calculating student grant, loan, or work assistance under this subchapter, shall not apply to a public or private nonprofit hospital-based school of nursing that awards a diploma at the completion of the school’s program of education.

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Federal law — U.S. Code and appendices · legal_authorities

20 U.S.C. § 1091 — Student eligibility

**(a) In general** In order to receive any grant, loan, or work assistance under this subchapter, a student must— (1) be enrolled or accepted for enrollment in a degree, certificate, or other program (including a program of study abroad approved for credit by the eligible institution at which such student is enrolled) leading to a recognized educational credential at an institution of higher education that is an eligible institution in accordance with the provisions of [section 1094 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1094&num=0&edition=prelim), except as provided in subsections (b)(3) and (b)(4), and not be enrolled in an elementary or secondary school; (2) if the student is presently enrolled at an institution, be maintaining satisfactory progress in the course of study the student is pursuing in accordance with the provisions of subsection (c);(q) (3) not owe a refund on grants previously received at any institution under this subchapter, or be in default on any loan from a student loan fund at any institution provided for in part E, or a loan made, insured, or guaranteed by the Secretary under this subchapter for attendance at any institution; (4) file with the Secretary, as part of the original financial aid application process, a certification, which need not be notarized, but which shall include— (A) a statement of educational purpose stating that the money attributable to such grant, loan, or loan guarantee will be used solely for expenses related to attendance or continued attendance at such institution; and (B) such student’s social security number; (5) be a citizen or national of the United States, a permanent resident of the United States, or able to provide evidence from the Immigration and N

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Federal law — U.S. Code and appendices · legal_authorities

20 U.S.C. § 1091 — Student eligibility

Page 649 TITLE 20—EDUCATION § 1091 1 See References in Text note below. under which such students may be eligible to receive assistance.’’ Similar provisions were contained in the following prior appropriation act: Pub. L. 113–76, div. H, title III, § 310, Jan. 17, 2014, 128 Stat. 400. DELAYED IMPLEMENTATION OF EZ FAFSA Pub. L. 111–39, title IV, § 407(a), July 1, 2009, 123 Stat. 1950, provided that: ‘‘Notwithstanding any other provi- sion of law, the Secretary of Education shall be re- quired to carry out the requirements under the fol- lowing provisions of section 483 of the Higher Edu- cation Act of 1965 (20 U.S.C. 1090) only for academic year 2010–2011 and subsequent academic years: ‘‘(1) In subsection (a) of such section— ‘‘(A) subparagraphs (A)(i) and (B) of paragraph (2); ‘‘(B) in paragraph (3)— ‘‘(i) the second sentence of subparagraph (A); ‘‘(ii) clauses (i) and (ii) of subparagraph (B); and ‘‘(iii) subparagraph (C); ‘‘(C) paragraph (4)(A)(iv); and ‘‘(D) paragraph (5)(E). ‘‘(2) Subsection (h) of such section.’’ § 1091. Student eligibility (a) In general In order to receive any grant, loan, or work as- sistance under this subchapter, a student must— (1) be enrolled or accepted for enrollment in a degree, certificate, or other program (includ- ing a program of study abroad approved for credit by the eligible institution at which such student is enrolled) leading to a recognized educational credential at an institution of higher education that is an eligible institution in accordance with the provisions of section 1094 of this title, except as provided in sub- sections (b)(3) and (b)(4), and not be enrolled in an elementary or secondary school; (2) if the student is presently enrolled at an institution, be maintaining satisfactory pr

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Federal law — U.S. Code and appendices · legal_authorities

20 U.S.C. § 1092 — Institutional and financial assistance information for students

**(a) Information dissemination activities** (1) Each eligible institution participating in any program under this subchapter shall carry out information dissemination activities for prospective and enrolled students (including those attending or planning to attend less than full time) regarding the institution and all financial assistance under this subchapter. The information required by this section shall be produced and be made readily available upon request, through appropriate publications, mailings, and electronic media, to an enrolled student and to any prospective student. Each eligible institution shall, on an annual basis, provide to all enrolled students a list of the information that is required to be provided by institutions to students by this section and section 444 of the General Education Provisions Act [[20 U.S.C. 1232g](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1232g&num=0&edition=prelim)] (commonly known as the “Family Educational Rights and Privacy Act of 1974”), together with a statement of the procedures required to obtain such information. The information required by this section shall accurately describe— (A) the student financial assistance programs available to students who enroll at such institution; (B) the methods by which such assistance is distributed among student recipients who enroll at such institution; (C) any means, including forms, by which application for student financial assistance is made and requirements for accurately preparing such application; (D) the rights and responsibilities of students receiving financial assistance under this subchapter; (E) the cost of attending the institution, including (i) tuition and fees, (ii) books and supplies, (iii) estimates of typical stude

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Federal law — U.S. Code and appendices · legal_authorities

20 U.S.C. § 1092 — Institutional and financial assistance in-

Page 666 TITLE 20—EDUCATION § 1092 Section 1091f, Pub. L. 89–329, title V, § 507, as added Pub. L. 90–35, § 2(c), June 29, 1967, 81 Stat. 84, authorized employment of experts and consultants and set forth provisions for compensation and travel expenses. AMENDMENTS 2024—Subsec. (a). Pub. L. 118–159 amended subsec. (a) generally. Prior to amendment, text read as follows: ‘‘In this section, the term ‘service in the uniformed services’ means service (whether voluntary or involun- tary) on active duty in the Armed Forces, including such service by a member of the National Guard or Re- serve, for a period of more than 30 days under a call or order to active duty of more than 30 days.’’ 2018—Subsec. (c)(3)(C)(i). Pub. L. 115–232, § 1204(b)(2), substituted ‘‘section 251, 252,’’ for ‘‘section 331, 332,’’. Subsec. (c)(3)(C)(v). Pub. L. 115–232, § 1204(a)(6), sub- stituted ‘‘chapter 13’’ for ‘‘chapter 15’’. § 1092. Institutional and financial assistance in- formation for students (a) Information dissemination activities (1) Each eligible institution participating in any program under this subchapter shall carry out information dissemination activities for prospective and enrolled students (including those attending or planning to attend less than full time) regarding the institution and all fi- nancial assistance under this subchapter. The information required by this section shall be produced and be made readily available upon re- quest, through appropriate publications, mail- ings, and electronic media, to an enrolled stu- dent and to any prospective student. Each eligi- ble institution shall, on an annual basis, provide to all enrolled students a list of the information that is required to be provided by institutions to students by this section and sect

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Federal law — U.S. Code and appendices · legal_authorities

20 U.S.C. § 1095 — Transfer of allotments

In order to offer an arrangement of types of aid, including institutional and State aid which best fits the needs of each individual student, an institution may (1) transfer a total of 25 percent of the institutions 11 So in original. Probably should be “institution’s”. allotment under [section 1087bb of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1087bb&num=0&edition=prelim) to the institution’s allotment under section 1070b–3 or 1087–52 of this title (or both); (2) transfer 25 percent of the institution’s allotment under [section 1087–52 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1087-52&num=0&edition=prelim) to the institution’s allotment under section 1070b–3 or 1087bb of this title (or both); and (3) transfer 25 percent of the institution’s allotment under [section 1070b–3 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1070b-3&num=0&edition=prelim) to the institution’s allotment under [section 1087–52 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1087-52&num=0&edition=prelim). Funds transferred to an institution’s allotment under another section may be used as a part of and for the same purposes as funds allotted under that section. The Secretary shall have no control over such transfer, except as specifically authorized, except for the collection and dissemination of information.

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Federal law — U.S. Code and appendices · legal_authorities

20 U.S.C. § 1095 — Transfer of allotments

Page 714 TITLE 20—EDUCATION § 1094b 1 So in original. Probably should be ‘‘institution’s’’. Subsec. (b)(4). Pub. L. 111–39, § 407(b)(9)(B), added par. (4). 2008—Subsec. (a)(5). Pub. L. 110–315, § 103(b)(13), sub- stituted ‘‘authorizing committees’’ for ‘‘Committee on Labor and Human Resources of the Senate and the Committee on Education and the Workforce of the House of Representatives’’. Subsec. (b)(1). Pub. L. 110–315, § 494(1), amended par. (1) generally. Prior to amendment, text read as follows: ‘‘The Secretary may continue any experimental sites in existence on October 7, 1998. Any activities approved by the Secretary prior to October 7, 1998, that are in- consistent with this section shall be discontinued not later than June 30, 1999.’’ Subsec. (b)(2). Pub. L. 110–315, § 494(2), added introduc- tory provisions and struck out former introductory provisions which read as follows: ‘‘The Secretary shall review and evaluate the experience of institutions par- ticipating as experimental sites during the period of 1993 through 1998 under this section (as such section was in effect on the day before October 7, 1998), and shall submit a report based on this review and evalua- tion to the Committee on Labor and Human Resources of the Senate and the Committee on Education and the Workforce of the House of Representatives not later than 6 months after October 7, 1998. Such report shall include—’’. Subsec. (b)(3)(A). Pub. L. 110–315, § 494(3)(A), sub- stituted ‘‘The’’ for ‘‘Upon the submission of the report required by paragraph (2), the’’ and inserted ‘‘periodi- cally’’ after ‘‘authorized to’’. Subsec. (b)(3)(B). Pub. L. 110–315, § 494(3)(D), inserted ‘‘, including requirements related to the award process and disbursement of student financial aid (

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Federal law — U.S. Code and appendices · legal_authorities

20 U.S.C. § 1096 — Administrative expenses

**(a) Amount of payments** From the sums appropriated for any fiscal year for the purpose of the program authorized under subpart 1 of part A of this subchapter, the Secretary shall reserve such sums as may be necessary to pay to each institution with which he has an agreement under [section 1094 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1094&num=0&edition=prelim), an amount equal to $5 for each student at that institution who receives assistance under subpart 1 of part A. In addition, an institution which has entered into an agreement with the Secretary under subpart 3 of part A or part C,11 So in original. of this subchapter or under part E of this subchapter shall be entitled for each fiscal year which such institution disburses funds to eligible students under any such part to a payment for the purpose set forth in subsection (b). The payment for a fiscal year shall be payable from each such allotment by payment in accordance with regulations of the Secretary and shall be equal to 5 percent of the institution’s first $2,750,000 of expenditures plus 4 percent of the institution’s expenditures greater than $2,750,000 and less than $5,500,000, plus 3 percent of the institution’s expenditures in excess of $5,500,000 during the fiscal year from the sum of its grants to students under subpart 3 of part A, its expenditures during such fiscal year under part C for compensation of students, and the principal amount of loans made during such fiscal year from its student loan fund established under part E, excluding the principal amount of any such loans which the institution has referred under [section 1087cc(a)(4)(B) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1087cc/a/4/B&num=0&e

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20 U.S.C. § 1096 — Administrative expenses

Page 716 TITLE 20—EDUCATION § 1096 1 So in original. or attachment in order to satisfy any debt owed by the student awarded such assistance, other than a debt owed to the Secretary and arising under this subchapter. (e) ‘‘Disposable pay’’ defined For the purpose of this section, the term ‘‘dis- posable pay’’ means that part of the compensa- tion of any individual from an employer remain- ing after the deduction of any amounts required by law to be withheld. (Pub. L. 89–329, title IV, § 488A, as added Pub. L. 102–164, title VI, § 605(a), Nov. 15, 1991, 105 Stat. 1066; amended Pub. L. 105–244, title IV, § 490A, Oct. 7, 1998, 112 Stat. 1753; Pub. L. 109–171, title VIII, § 8024, Feb. 8, 2006, 120 Stat. 180.) Editorial Notes AMENDMENTS 2006—Subsec. (a)(1). Pub. L. 109–171 substituted ‘‘15 percent’’ for ‘‘10 percent’’. 1998—Subsecs. (d), (e). Pub. L. 105–244 added subsec. (d) and redesignated former subsec. (d) as (e). Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 2006 AMENDMENT Amendment by Pub. L. 109–171 effective July 1, 2006, except as otherwise provided, see section 8001(c) of Pub. L. 109–171, set out as a note under section 1002 of this title. EFFECTIVE DATE OF 1998 AMENDMENT Amendment by Pub. L. 105–244 effective Oct. 1, 1998, except as otherwise provided in Pub. L. 105–244, see sec- tion 3 of Pub. L. 105–244, set out as a note under section 1001 of this title. § 1096. Administrative expenses (a) Amount of payments From the sums appropriated for any fiscal year for the purpose of the program authorized under subpart 1 of part A of this subchapter, the Secretary shall reserve such sums as may be necessary to pay to each institution with which he has an agreement under section 1094 of this title, an amount equal to $5 for

Source: Supplied 2024 U.S. Code historical extraction · 20 U.S.C. § 1096

Stored review status: historical_2024_not_currentness_verified. The source passage cites 20 U.S.C. § 1096. This identifies an authority to review, not proof of applicability.