Page:United States Statutes at Large Volume 108 Part 3.djvu/812

 108 STAT. 2564 PUBLIC LAW 103-333—SEPT. 30, 1994 20 USC 1070a note. VOCATIONAL AND ADULT EDUCATION For carrying out, to the extent not otherwise provided, the Carl D. Perkins Vocational and Applied Technology Education Act, the Adult Education Act, the National Literacy Act of 1991, and the Stewart B. McKinney Homeless Assistance Act, $1,473,175,000, of which $1,470,256,000 shall become available on July 1, 1995 and shall remain available through September 30, 1996: Provided, That of the amounts made available under the Carl D. Perkins Vocational and Applied Technology Education Act, $400,000 of the amount available for Tech-Prep shall be for evaluation of the program and $34,535,000 shall be for national programs under title IV, including $7,851,000 for research, of which $6,000,000 shall be for the National Center for Research on Vocational Education; $20,684,000 for demonstrations, notwithstanding section 411(b); and $6,000,000 for data systems: Provided further. That of the amounts made available under the Adult Education Act, $3,900,000 shall be for national programs under section 383, and $4,869,000 shall be for the National Institute for Literacy under section 384. STUDENT FINANCIAL ASSISTANCE For carrying out subparts 1, 3, and 4 of part A, and parts C, E, and H of title IV of the Higher Education Act of 1965, as amended, including, notwithstanding section 401(a)(1), not to exceed 3,930,000 Pell Grant recipients in award year 1994-1995, $7,702,970,000, which shall remain available through September 30, 1996, and of which $63,375,000 shall be for State Student Incentive Grants under subpart 4 of part A. The maximum Pell Grant for which a student shall be eligible during award year 1995-1996 shall be $2,340: Provided, That notwithstanding section 401(g) of the Act, as amended, if the Secretary determines, prior to publication of the payment schedule for award year 1995-1996, that the $6,247,180,000 included within this appropriation for Pell Grant awards for award year 1995-1996, and any funds available from the FY 1994 appropriation for Pell Grant awards, are insufficient to satisfy fully £dl such awards for which students are eligible, as calculated under section 401(b) of the Act, the amount paid for each such award shall be reduced by either a fixed or variable percentage, or by a fixed dollar amount, as determined in accordance with a schedule of reductions established by the Secretary for this purpose. FEDERAL FAMILY EDUCATION LOAN PROGRAM ACCOUNT For Federal administrative expenses to carry out guaranteed student loans authorized by title IV, part B, of the Higher Education Act, as amended, $62,191,000. FEDERAL DIRECT STUDENT LOAN PROGRAM ACCOUNT For the cost of direct loans authorized by title IV, part D, of the Higher Education Act, as amended, such sums as may be necessary to carry out the purposes of the program, including such sums as may be derived from negative subsidy receipts: Provided, That such costs, including costs of modifying such loans, shall be as defined in section 502 of the Congressional Budget Act of 1974.

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