Page:United States Statutes at Large Volume 86.djvu/286

 244

Stipend and dependent allowance.

Limitation.

PUBLIC LAW 92-318-JUNE 23, 1972

[86 STAT.

" (C) sets forth policies and procedures for the evaluation of the effectiveness of the project or activity in accomplishing its purpose; " (D) provides for such fiscal control and fund accounting procedures as may be necessary to insure proper disbursement of and accounting for funds made available under this title to the applicant; and " (E) provides for making such reports, in such form and containing such information, as the Commissioner may require to carry out his functions under this title, and for keeping such records and affording such access thereto, as he may find necessary to assure the correctness and verification of such reports. rhe Commissioner shall, after consultation with the Council, establisli by regulation criteria as to eligible expenditures for which funds from grants for cooperative arrangements under clause (1) of subsection (b) may be used, which criteria shall be so designed as to prevent the use of such funds for purposes not necessary to the achievement of the purposes for which the grant is made. "(2)(A) Applications for awards described in clauses (2) and (3) of subsection (b) may be approved only upon a finding by the Commissioner that the program of teaching or research set forth therein is reasonable in the light of the qualifications of the applicant and of the educational needs of the institution at which the applicant intends to teach. " (B) No application for a National Teaching Fellowship or a Professors Emeritus Grant shall be approved for an award of such a fellowship or grant for a period exceeding two academic years, except that the award of a Professors Emeritus Grant may be for such period, in addition to such two-year period of award, as the Commissioner, upon the advice of the Council, may determine in accordance with policies of the Commissioner set forth in regulations. " (C) Each person awarded a National Teaching Fellowship or a Professors Emeritus Grant shall receive a stipend for each academic year of teaching (or, in the case of a recipient of a Professors Emeritus Grant, research) as determined by the Commissioner upon the advice of the Council, plus an additional allowance for ea,ch such year for each dependent of such person. I n the case of National Teaching Fellowships, such allowance may not exceed $7,500, plus $400 for each dependent. " A S S I S T A N C E TO DEVPXOPING I N S T r r U T I O N S UNDER OTHER PRtKJRAMS

Waivers, eligibility.

Ante, p. 238; Post, p p. 247, 288. Non-Federal share requirement.

"SEC. 305. (a) Each institution which the Commissioner determines meets the criteria set forth in section 302(a) shall be eligible for waivers in accordance with subsection (b). " (b)(1) Subject to, and in accordance with, regulations promulgated for the purpose of this section, in the case of any application by A developing institution for assistance under any program specified in paragraph (2), the Commissioner is authorized, if such application is otherwise approvable, to waive any requirement for a non-Federal share of the cost of the program or project, or, to the extent not inconsistent with other law, to give, or require to be given, priority consideration of the application in relation to applications from institutions which are not developing institutions. "(2) The provisions of this section shall apply to any program authorized by title II, IV, VI, or VII of this Act. "(c) The Commissioner shall not waive, under subsection (b), the non-Federal share requirement for any program for applications which, if approved, would require the expenditure of more than 1(> per centum of the appropriations for that program for any fiscal year.

�