106 STAT. 2162 PUBLIC LAW 102-421—OCT. 16, 1992 "(3) fails to account properly to the Secretary concerning the investment of or expenditures from the Federal endowment fund corpus or income.
- (g) DEFINITIONS.— As used in this section:
- (1) The term 'corpus', with respect to a Federal endowment
fund under this section, means an amount equal to the Federal payments to such fund, amounts contributed to the fund from non-Federal sources, and appreciation from capital gains and reinvestment of income. "(2) The term 'Federal endowment fund* means a fund, or a tax-exempt foundation, established and maintained pursuant to this section by the University or NTID, as the case may be, for the purpose of generating income for the support of the institution involved. "(3) The term 'income', with respect to a Federal endowment fund under this section, means an amount equal to the dividends and interest accruing from investments of the corpus of such fund. "(4) The term 'institution involved' means the University or NTID, as the case may be. "(h) AUTHORIZATION OF APPROPRIATIONS. — "(1) In the case of the University, there are authorized to be appropriated for the purposes of this section such sums as may be necessary for each of the fiscal years 1993 through 1997. "(2) In the case of NTID, there are authorized to be appropriated for the purposes of this section such sums as may be necessary for each of the fiscal years 1993 through 1997. "(3) Amounts appropriated under paragraph (1) or (2) shall remain available until expended.
- (i) EFFECTIVE DATE.—The provisions of this section shall take
effect as if included in the provisions of the Education of the DeafAct ofl986.' '. SEC. 138. SCHOLARSHIP PROGRAM. The Education of the Deaf Act of 1986, as amended by section 137 of this Act, is amended by inserting after section 207 the following section: 20 USC 4358. 'SEC. 208. SCHOLARSHIP PROGRAM. "(a) IN GENERAL.— The Secretary may make grants to institutions of higher education that have teacher training programs in deaf education or special education for the purpose of providing scholarships to individuals who are deaf for careers in deaf education or special education. Such institutions shall give priority consideration in the selection of qualified recipients of the scholarships to individuals from underrepresented backgrounds, particularhr minority individuals who are deaf and who are underrepresented in the teaching profession. Grants may be used by institutions to assist in covering the cost of courses of training or study for such individuals and for establishing and maintaining fellowships or traineeships with stipends and allowances as may be determined by the Secretary. "(b) AUTHORIZATION OF APPROPRIATIONS. —For the purpose of making grants under subsection (a), there are authorized to be appropriated $2,000,000 for fiscal year 1993, and such sums as may be necessary for each of the fiscal years 1994 through 1997.".
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