PUBLIC LAW 95-43—JUNE 15, 1977 (B) by striking" out '%nd" at the end of clause (ii) of sub' section (b)(2)(A) and by inserting immediately before the period at the end of clause (iii) of such subsection the following new clause: ", and (iv) by dividing the resultant per centum by four"; (C) by striking out " subparagraph (4) " in subsection (b)(2) (C) and inserting in lieu thereof " paragraph (4) "; (D) by striking out " paragraph (3) " in subsection (b)(4)(B) and inserting in lieu thereof " paragraph (2) "; (E) by striking out " subparagraph " in subsection (b)(4)(C) and inserting in lieu thereof " paragraph "; and (F) by redesignating the matter following paragraph (5) of subsection (b) as paragraph (6) and by striking out, in such K matter, "subsection (a) " and inserting in lieu thereof "this subsection". (38) Section 439(b)(1) of the Act is amended by inserting " and citizen" after "resident". (39) Section 4 6 4 (c)(2) of such Act is amended by striking out "title VIII of the Economic O p p o r t u n i t y Act of 1964" and inserting in lieu thereof "the Domestic Volunteer Act of 1973". (40)(A) The first sentence of section 493(a) of such Act is amended (i) striking out " part A or C " and inserting in lieu thereof i "subpart 2 of part A, part C, or part E "; (ii) striking out "either" and inserting in lieu thereof " any "; and (iii) striking out "in lieu of reimbursement for its expenses during such fiscal year in administering programs assisted under such part " and inserting in lieu thereof "for the purposes set forth in subsection (c) ". (B) The second sentence of such section 493(a) is amended by adding before the period at the end thereof a comma and the following: "plus (C) the principal amount of loans made during such fiscal year from its student loan fund established under part E ". (C) Section 493(b) of such Act is amended to read as follows: " (b) The aggregate amount paid to an institution for a fiscal year under this section may not exceed $325,000.". (41) Section 497A (c) of such Act is amended by striking out "paragraph (a)(3) " and inserting in lieu thereof "subsection (a)(4) ". (42) Section 5 3 3 (a)(2) of such Act is amended by striking out "section 532 of this title " and inserting in lieu thereof "section 406(d) (1)(D) of the General Education Provisions Act". (43) Section 771 of such Act is amended— (A) by striking out "grants from funds appropriated under ~> section 7 2 1 (b), " in subsection (a); (B) by striking out " I n determining" each place it appears in • subsection (b) and inserting in lieu thereof " I n establishing criteria for determining"; and (C) by adding at the end thereof the following new subsections: " (d) G r a n t s and loans awarded for the purposes of this part shall not be subject to the provisions of subsections (a) and (b) of section 781. The Commissioner shall, with respect to each such g r a n t or loan, determine the period which shall be deemed to be the period of Federal interest in the facility reconstructed or renovated. If, within such period, such facility ceases to be used as an academic facility, the United States shall recover from the applicant (or its successor in title
91 STAT. 217
20 USC 1087-2. 20 USC 1087dd. 42 USC 4951 note. 20 USC 1088b.
20 USC 1088f-l.
20 USC 1119a-l. 20 USC 1226.
20 USC 1132d-ll.
Grants and loans. Post, p. 218.
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