Page:United States Statutes at Large Volume 117.djvu/2597

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[117 STAT. 2578]
PUBLIC LAW 107-000—MMMM. DD, 2003
[117 STAT. 2578]

117 STAT. 2578

Regulations.

Appropriation authorization.

VerDate 11-MAY-2000

13:59 Aug 30, 2004

PUBLIC LAW 108–176—DEC. 12, 2003

graduation from the educational program for which the scholarship was awarded, shall be in breach of their contractual agreement and, in lieu of any service obligation arising under such agreement, shall be liable to the United States for repayment within 1 year after the date of default of all scholarship funds paid to them and to the institution of higher education on their behalf under the agreement, except as provided in subsection (h)(2). The repayment period may be extended by the Administrator when determined to be necessary, as established by regulation. (2) Scholarship recipients who, for any reason, fail to begin or complete their service obligation after completion of academic training, or fail to comply with the terms and conditions of deferment established by the Administrator pursuant to subsection (f)(2)(B), shall be in breach of their contractual agreement. When recipients breach their agreements for the reasons stated in the preceding sentence, the recipient shall be liable to the United States for an amount equal to— (A) the total amount of scholarships received by such individual under this section; plus (B) the interest on the amounts of such awards which would be payable if at the time the awards were received they were loans bearing interest at the maximum legal prevailing rate, as determined by the Treasurer of the United States, multiplied by 3. (h)(1) Any obligation of an individual incurred under the Program (or a contractual agreement thereunder) for service or payment shall be canceled upon the death of the individual. (2) The Administrator shall by regulation provide for the partial or total waiver or suspension of any obligation of service or payment incurred by an individual under the Program (or a contractual agreement thereunder) whenever compliance by the individual is impossible or would involve extreme hardship to the individual, or if enforcement of such obligation with respect to the individual would be contrary to the best interests of the Government. (i) For purposes of this section— (1) the term ‘‘cost of attendance’’ has the meaning given that term in section 472 of the Higher Education Act of 1965; (2) the term ‘‘institution of higher education’’ has the meaning given that term in section 101(a) of the Higher Education Act of 1965; and (3) the term ‘‘Program’’ means the Federal Aviation Administration Science and Technology Scholarship Program established under this section. (j)(1) There is authorized to be appropriated to the Federal Aviation Administration for the Program $10,000,000 for each fiscal year. (2) Amounts appropriated under this section shall remain available for 2 fiscal years. (k) The Administrator may provide temporary internships to full-time students enrolled in an undergraduate or post-graduate program leading to an advanced degree in an aerospace-related or aviation safety-related field of endeavor.

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