Page:United States Statutes at Large Volume 112 Part 2.djvu/782

 112 STAT. 1666 PUBLIC LAW 105-244 —OCT. 7, 1998 SEC. 407. LEVERAGING EDUCATIONAL ASSISTANCE PARTNERSHIP PROGRAM. (a) AMENDMENT TO SUBPART HEADING. — (1) IN GENERAL. —The heading for subpart 4 of part A of title IV (20 U.S.C. 1070c et seq.) is amended to read as follows: "SUBPART 4—^LEVERAGING EDUCATIONAL ASSISTANCE PARTNERSHIP PROGRAM". (2) CONFORMING AMENDMENTS.— Subpart 4 of part A of title IV (20 U.S.C. 1070c et seq.) is amended— (A) in section 415B(b) (20 U.S.C. 1070c-l(b)), by striking "State student grant incentive" and inserting "leveraging educational assistance partnership"; and (B) in the heading for section 415C (20 U.S.C. 1070c- 2), by striking "STATE STUDENT INCENTIVE GRANT" and inserting "LEVERAGING EDUCATIONAL ASSISTANCE PART- NERSHIP". (b) AUTHORIZATION OF APPROPRIATIONS.— Section 415A(b) (20 U.S.C. 1070c(b)) is amended— (1) in paragraph (1), by striking "1993" and inserting " 1999"; (2) by redesignating paragraph (2) as paragraph (3); and (3) by inserting after paragraph (1) the following: "(2) RESERVATION.— For any fiscal year for which the amount appropriated under paragraph (1) exceeds $30,000,000, the excess shall be available to carry out section 415E.". (c) SPECIAL LEVERAGING EDUCATIONAL ASSISTANCE PARTNER- SHIP PROGRAM.— Subpart 4 of part A of title IV (20 U.S.C. 1070c et seq.) is amended— 20 USC 1070C-4. (1) by redesignating section 415E as 415F; and (2) by inserting after section 415D the following: 20 USC 1070c- "SEC. 415E. SPECIAL LEVERAGING EDUCATIONAL ASSISTANCE PART- 3a. NERSmP PROGRAM. "(a) IN GENERAL. — From amounts reserved under section 415A(b)(2) for each fiscal year, the Secretary shall— "(1) make allotments among States in the same manner as the Secretary makes allotments among States under section 415B; and "(2) award grants to States, from allotments under paragraph (1), to enable the States to pay the Federal share of the cost of the authorized activities described in subsection (c). "(b) APPLICABILITY RULE.— The provisions of this subpart which are not inconsistent with this section shall apply to the program authorized by this section. "(c) AUTHORIZED ACTIVITIES.— Each State receiving a grant under this section may use the grant funds for— "(1) increasing the dollar amount of grants awarded under section 415B to eligible students who demonstrate financial need; "(2) carrying out transition programs from secondary school to postsecondary education for eligible students who demonstrate financial need;

�