Page:United States Statutes at Large Volume 82.djvu/1075

 82 STAT. ]

PUBLIC LAW 90-575-OCT. 16, 1968

1033

without regard to the civil service or classification laws. Such appointed members shall include (1) leading authorities in the field of education, (2) persons representing State and private nonprofit loan insurance programs, financial and credit institutions, and institutions of higher education and other eligible institutions as those terms may be variously defined in this Act or m the National Defense Education Act of 1958, and (3) at least one undergraduate student in an institution of no^e."^'^ '^"^ higher education or other eligible institution. " (b) The Council shall advise the Commissioner on matters of general policy arising in the administration by the Commissioner of programs relating to financial assistance to students and on evaluation of the effectiveness of these programs. "(c) Members of the Council who are not in the regular full-time compensation, employ of the United States shall, while attending meetings or confer- '"^^^^ expenses. ences of the Council or otherwise engaged in the business of the Council, be entitled to receive compensation at a rate fixed by the Secretary, but not exceeding the rate specified at the time of such service for grade GS-18 in section 5332 of title 5, United States Code, including J^^^^^ ^332 traveltime, and while so serving on the business of the Council away from their homes or regular places of business they may be allowed travel expenses, including per diem in lieu of subsistence, as authorized by section 5703 of title 5, United States Code, for persons employed 80 Stat. 499. intermittently in the Government Service. " (d) The Commissioner is authorized to furnish to the Council such technical assistance, and to make available to it such secretarial, clerical, and other assistance and such pertinent data available to him, as the Council may require to carry out its functions." AMENDMENTS

EFFECTIVE FOR FISCAL YEAR

19 70 AND

THEREAFTER

SEC. 152. Effective for fiscal years ending on or after June 30,19Y0, part E of title IV of the Higher Education Act of 1965 (as added by section 151 of this Act) is amended by inserting after section 462 the following new sections: UE X P E N S E S O F

ADMINISTRATION

"SEC. 463. (a) An institution which ha.s entered into an agreement with the Commissioner under part A or C of this title shall be entitled for each fiscal year for which it receives an allotment under either such part to a payment in lieu of reimbursement for its expenses during such fiscal year m administering programs assisted under such part. The payment for a fiscal year (1) shall be payable from each such allotment in accordance with regulations of the Commissioner, and (2) shall (except as provided in subsection (b)) be an amount equal to 3 per centum of (A) the institution's expenditures during the fi.scal year from its allotment under part A plus (B) its expenditures during such fiscal year under part C for compensation of students. "(b) The aggregate amount paid to an institution for a fiscal year under this section plus the amount withdrawn from its student loan fund under.section 204(b) of the National Defense Education Act of 1958 may not exceed $125,000. ii

MAINTENANCE

OF

EFFORT

"SEC. 464. An agreement between the Commissioner and an institution under part A or part C shall provide assurance that the institution will continue to spend in its own scholarship and student-aid program, from sources other than funds received under such parts, not less than the average expenditure per year made for that purpose during the

20 USC 1061; Ante, p. 1028.

Limitation.

Post,

p. 1034.

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