Page:United States Statutes at Large Volume 106 Part 1.djvu/723

 PUBLIC LAW 102-325—JULY 23, 1992 106 STAT. 691 "(2) SPECIAL RXJLES. —(A) An individual pursuing a program of study described in subparagraph (B) of paragraph (1) is eligible to receive a Teacher Corps scholarship during any of the first 3 years that such individual is employed as a teacher to defray the costs of piu*suing such postbaccalaureate instruction. "(B) An individual in possession of a bachelor's degree, who wishes to enter teaching from another profession, is eligible to receive a Teacher Corps scholarship to enable such individual to receive the instruction necessary to enter the teaching profession, as determined by the State in which the individual wishes to teach. Such instruction may be provided while the individual is employed as a provisional teacher. "(b) LIMITATIONS ON AMOUNT AND DURATION. —Subject to subsection (d), each Teacher Corps member shall receive a $5,000 scholarship for each academic year of postsecondary education, except that no individual shall receive scholarship assistance for more than 3 years of postsecondary education (including postbaccalaureate), as determined by the Secretary. "(c) CONSIDERATION OF AWARD IN OTHER PROGRAMS.—Each Teacher Corps scholarship awarded pursuant to this subpart shall be considered as student financial assistance in determining eligibility for student assistance under title IV. "(d) ASSISTANCE NOT TO EXCEED NEED. — Each Teacher Corps scholarship, when added to assistance received under title IV, if any, shall not exceed the cost of attendance, as defined in section 472, at the institution the individual is attending. If the amount of the Teacher Corps scholarship and assistance received under title IV exceeds the cost of attendance, loans received under parts B, D, or E of such title shall be reduced by an amount equal to the amount by which the combined awards exceed the cost of attendance. "(e) CONTINUED ELIGIBILITY.—Each individual who receives a Teacher Corps scholarship shall continue to receive such scholsirship payments only during such periods that the State educational agency finds tnat such individual is— "(1) enrolled as a full-time student in an accredited postsecondary institution; and "(2) maintaining satisfactory progress defined under section 484. "SEC. 546. SCHOLARSHIP CONDITIONS. 20 USC 1106e. "(a) SCHOLARSHIP AGREEMENT. — Each individual receiving a scholarship under this subpart shall enter into a written agreement with the State educational agency which shall provide assurances that each such individual— "(1) shall pursue a course of study which meets State requirements for teacher preparation; "(2) has compileted at least 2 years of undergraduate education at an institution of higher education; "(3) shall maintain satisfactory academic progress and participate in teaching-related activities while in undergraduate or post-baccalaureate programs; "(4) shall work as a teacher upon completion of such individual's education for 3 years in a Teacher Corps school, as identified by the State educational agency pursuant to section 541(d), except that Teacher Corps members may transfer to another

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