Page:United States Statutes at Large Volume 124.djvu/1174

 124 STAT. 1148 PUBLIC LAW 111–163—MAY 5, 2010 ‘‘(c) MAXIMUM AMOUNT OF ASSISTANCE.—(1) The total amount of assistance provided under the scholarship program for an aca- demic year to an individual who is a full-time student may not exceed $15,000. ‘‘(2) In the case of an individual who is a part-time student, the total amount of assistance provided under the scholarship pro- gram shall bear the same ratio to the amount that would be paid under paragraph (1) if the participant were a full-time student in the program of study being pursued by the individual as the coursework carried by the individual to full-time coursework in that program of study. ‘‘(3) The total amount of assistance provided to an individual under the scholarship program may not exceed $45,000. ‘‘(d) MAXIMUM DURATION OF ASSISTANCE.—Financial assistance may not be provided to an individual under the scholarship program for more than six academic years. ‘‘§ 7504. Agreement ‘‘An agreement between the Secretary and a participant in the scholarship program under this chapter shall be in writing, shall be signed by the participant, and shall include— ‘‘(1) the Secretary’s agreement to provide the participant with financial assistance as authorized under this chapter; ‘‘(2) the participant’s agreement— ‘‘(A) to accept such financial assistance; ‘‘(B) to maintain enrollment and attendance in the program of study described in section 7501(a)(1) of this title; ‘‘(C) while enrolled in such program, to maintain an acceptable level of academic standing (as determined by the educational institution offering such program under regulations prescribed by the Secretary); and ‘‘(D) after completion of the program, to serve as a full-time employee in the Department for a period of three years, to be served within the first six years after the participant has completed such program and received a degree or certificate described in section 7501(a)(1) of this title; and ‘‘(3) any other terms and conditions that the Secretary considers appropriate for carrying out this chapter. ‘‘§ 7505. Repayment for failure to satisfy requirements of agreement ‘‘(a) IN GENERAL.—An individual who receives educational assistance under the scholarship program under this chapter shall repay to the Secretary an amount equal to the unearned portion of such assistance if the individual fails to satisfy the requirements of the agreement entered into under section 7504 of this title, except in circumstances authorized by the Secretary. ‘‘(b) AMOUNT OF REPAYMENT.—The Secretary shall establish, by regulations, procedures for determining the amount of the repay- ment required under this section and the circumstances under which an exception to the required repayment may be granted. ‘‘(c) WAIVER OR SUSPENSION OF COMPLIANCE.—The Secretary shall prescribe regulations providing for the waiver or suspension of any obligation of an individual for service or payment under this chapter (or an agreement under this chapter) whenever— Regulations. Regulations. Procedures.