PUBLIC LAW 102-325—JULY 23, 1992 106 STAT. 733
- (6) reseeirch for and development of specialized teaching
materials, including language materials, and facilities appropriate to business-oriented students; "(7) establishment of student and faculty fellowships and internships for training and education in international business activities; "(8) development of opportunities for jimior business and other professional school faculty to acquire or strengthen international skills and perspectives; "(9) development of research programs on issues of common interest to institutions of higher education and private sector organizations and associations engaged in or promoting international economic activity; "(10) the establishment of internships overseas to enable foreign language students to develop their foreign language skills and knowledge of foreign cultures and societies; "(11) the establishment of linkages overseas with institutions of higher education and organizations that contribute to the educational objectives of this section; and "(12) summer institutes in international business, foreign area and other international studies designed to carry out the purposes of this section. "(c) APPLICATIONS. — No grant may be made and no contract may be entered into under this section unless an institution of higher education submits an application to the Secretary at such time and in such manner as the Secretary may reasonably require. Each such application shall be accompanied by a copy of the agreement entered into by the institution of higher education with a business enterprise, trade organization or association engaged in international economic activity, or a combination or consortium of such enterprises, organizations or associations, for the purpose of establishing, developing, improving or expanding activities eligible for assistance under subsection (b) of this section. Each such application shall contain assurances that the institution of higher education will use the assistance provided under this section to supplement and not to supplcint activities conducted by institutions of higher education described in subsection (b). "(d) FEDERAL SHARE. — The Federal share under this part for each fiscal year shall not exceed 50 percent of the cost of such program. 'SEC. 614. AUTHORIZATION OF APPROPRIATIONS. 20 USC 1130b. "(a) CENTERS FOR INTERNATIONAL BUSINESS EDUCATION.— There are authorized to be appropriated $11,000,000 for the fiscal year 1993 and such sums as may be necessary for each of the 4 succeeding fiscal years to carry out the provisions of section 612. "(b) EDUCATION AND TRAINING PROGRAMS. — There are authorized to be appropriated $7,000,000 for fiscal year 1993, and such sums as may be necessary for the 4 succeecting fiscal years, to carry out the provisions of section 613.
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