Page:United States Statutes at Large Volume 90 Part 2.djvu/624

 90 STAT. 2092

20 USC 1070a.



' Repeal. Supra.

Post, p. 2148.

PUBLIC LAW 94-482—OCT. 12, 1976 either the Senate or the House of Representatives adopts, prior to the first day of October next following the submission of said schedule as required by this division, a resolution of disapproval of such schedule, the Commissioner shall publish a new schedule of expected family contributions in the Federal Register not later than fifteen days after the adoption of such resolution of disapproval. Such new schedule shall take into consideration such recommendations as may be made in either House in connection with such resolution and shall become effective, together with any amendments thereto, with respect to grants to be made on or after the first day of July next following. The Commissioner shall publish together with such now schedule, a statement identifying the recommendations made in either House in connection with such resolution of disapproval and explaining his reasons for the new schedule.''. (d) Section 411(a)(3)(B) of the Act is amended— (1) by inserting at the end of division (ii) the following new subdivision: " ( VI) Any educational expenses of other dependent children in the family.". (2) by inserting immediately after " s t u d e n t) " in division (iii) the following: ", and including any amount paid under the Social Security Act to, or on account of, the student which would not be paid if he were not a student and one-half any amount paid the student under chapters 34 and 35 of title 38, United States Code,"; and (3) by striking out division ( i v). (e) Section 411(b) of the Act is amended by striking division (ii) of paragraph (3)(B) and redesignating subsequent divisions accordingly, and by redesignating paragraph (4) and any references thereto as paragraph (5) and inserting after paragraph (3) a new paragraph as follows: " (4)(A) If the funds available for making payments under this subpart exceed the amount necessary to make the payments required under this subpart to eligible students by 15 per centum or less, then all of excess funds shall remain available for making payments under this subpart during the next succeeding fiscal year. " (B) If the funds available for making payments under this subpart exceed the amount necessary to make the payments required under this subpart to eligible students by more than 15 per centum, then all of such funds shall remain available for making such payments but payments may be made under this division only with respect to entitlements for that fiscal year.". (f) Section 411(b)(3)(C) of the Act is repealed. (g) Section 4 1 1 (b)(5) of the Act (as redesignated by subsection (e)) is amended by striking out " J u l v 1, 1975" and inserting in lieu thereof "October 1, 1979". (h) Section 411 of the Act is amended by adding at the end thereof the following new subsection: " (d)(1) I n addition to payments made with respect to entitlements xmder this subpart, each institution of higher education shall be eligible to receive from the Commissioner the payment of $10 per academic year for each student enrolled in that institution who is receiving a basic grant under this subpart for that year. Payment received by an institution under this subsection shall i3e used first to carry out the provisions of section 493A of this Act and then for such additional administrative costs as the institution of higher education determines necessary.

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