Page:United States Statutes at Large Volume 107 Part 3.djvu/544

This page needs to be proofread.


107 STAT. 2482 PUBLIC LAW 103-208—DEC. 20, 1993 (B) by adding at the end thereof the following new subsection: " (d) REDUCTION OF AMOUNTS OWED TO TREASURER. —If the Secretary forgives all or part of a loan described in subsection (a), the outstanding balance remaining on the notes of the Secretary that were issued to the Secretary of the Treasury under section 761(d) as in efiTect prior to the enactment of the Higher Education Amendments of 1992, or under any provision of ttiis title as in effect at the time such note was issued, shall be reduced by such amount forgiven."; 20 USC 1133a. (24) in the matter preceding paragraph (1) of section 802(b), by inserting after "fiscal year^ the following: "the Secretary snail reserve such amount as is necessary to make continuing awards to institutions of higher education that were, on the ' ^ date of enactment of the mgher Education Amendments of 1992, operating an existing cooperative education program ' under a multiyear project award and to continue to pay to such institutions the Federal share in efTect on the day before such date of enactment. Of the remainder of the amount appropriated in such fiscal year"; 20 USC 1133b. (25) in section 803(b)(6)(A), by striking "data"; (26) in section 803(e)(2>— (A) by striking "Mexican American" and inserting "Mexican-American; and (B) by striking "Mariana" and inserting "Mariemian"; 20 USC 1134. (27) in section 901(b)(2), by striking "such part" and inserting "such title"; 20USeil34e. (28) in section 922, by amending subsection (f) to read as follows: "(f) INSTITUTIONAL PAYMENTS.—(1) The Secreta^ shall pay to the institution of higher education, for each individual awarded a fellowship under this part at such institution, an institutional allowance. Except as provided in paragraph (2), such allowance shall be— "(A) $6,000 annually with respect to individuals who first received fellowships under this part prior to academic year 1993-1994; and "(B) with respect to individuals who first receive fellowships during or afi»r academic year 1993-1994— "(i) $9,000 for the academic year 1993-1994; and "(ii) for succeeding academic years, $9,000 adjusted annually thereafter in accordance with inflation as determined by the Department of Labor's Consumer Price Index for the previous calendar year. "(2) The institutiongd allowance paid under paragraph (1) shall be reduced by the amount the institution charges and collects from a fellowship recipient for tuition and other expenses as part of the recipient's instructional program."; 20 USC 1134f. (29) in the second sentence of section 923(b)(1), by striking "granting of such fellowships" and all that follows through "set forth in this section," and inserting "granting of such fellowships for an additional period of study not to exceed one 12-month period,"; (30) in section 923(b)(2), by striking out the second and third sentences and inserting the following: "Such period shall not exceed a total of 3 years, consisting of not more than 2 years of support for study or research, and not more than