Page:United States Statutes at Large Volume 100 Part 2.djvu/455

 PUBLIC LAW 99-498—OCT. 17, 1986

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100 STAT. 1557

"(4) set forth policies and procedures to assure that, in making fellowship awards under this part, the institution will make awards to individuals who— "(A) have financial need, as determined under criteria developed by the institution; "(B) have excellent academic records in their previous programs of study; "(C) plan teaching or research careers; and "(D) plan to pursue the highest possible degree available in their course of study; "(5) set forth policies and procedures to ensure that Federal funds made available under this part for any fiscal year will be used to supplement and, to the extent practical, increase the funds that would otherwise be made available for the purpose of this part and in no case to supplant those funds; "(6) provide assurances that, in the event that funds made available to the academic department or program under this part are insufficient to provide the assistance due a student under the commitment entered into between the academic department or program and the student, the academic department or program will endeavor, from any funds available to it, to fulfill the commitment to the student; "(7) provide that the applicant will comply with the limitations set forth in section 945; and "(8) include such other information as the Secretary may prescribe.

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"AWARDS TO GRADUATE STUDENTS

945. (a) COMMITMENTS TO GRADUATE STUDENTS.—(1) From at least 60 percent of the funds received under this part, an academic department or program of an institution of higher education shall make commitments to graduate students at any point of their graduate study to provide stipends for the length of time necessary for a student to complete the course of graduate study, but in no case longer than 5 years. "(2) No such commitments shall be made to students under this part unless the academic department or program has determined adequate funds are available to fulfill the commitment either from funds received or anticipated under this part, or from institutional funds. "(b) AMOUNT OF STIPENDS.—The size of the stipend awarded to students for an individual academic year shall be determined by the institution, except that no annual stipend award under this part may exceed $10,000, or the demonstrated level of need (according to criteria of need developed by the institution), whichever is less. "(c) ACADEMIC PROGRESS REQUIRED.—Notwithstanding the provisions of subsection (a), no student shall receive an award (1) except during periods in which such student is maintaining satisfactory progress in, and devoting essentially full time to, study or research in the field in which such fellowship was awarded, or (2) if the student is engaging in gainful employment other than part-time employment involved in teaching, research, or similar activities determined by the institution to be in support of the student's progress towards a degree. "SEC.

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