Page:United States Statutes at Large Volume 94 Part 2.djvu/126

 94 STAT. 1404 20 USC I087aa, post, p. 1437.

20 USC 1070b. 20 USC 1070c. Post, p. 1433.

20 USC 1070a.

PUBLIC LAW 96-374—OCT. 3, 1980

sum of the amounts available under both sections 461 and 468 for Federal capital contributions to student loan funds for that fiscal year does not at least equal $286,000,000, or (III) the amount available under section 468 is not sufficient to provide Federal capital contributions to such funds for that fiscal year in an amount which equals or exceeds the total amount which was available for student loans during the preceding fiscal year, no payment may be made in excess of $2,099 on the basis of entitlements established under this subpart in excess of such amount. "(D) For any fiscal year ending prior to October 1, 1985, if— "(i) the appropriation for making grants under subpart 2 of this part for that fiscal year does not at least equal $460,000,000, "(ii) the appropriation for State student incentive grants under subpart 3 of this part for that fiscal year does not at least equal $76,750,000, "(iii) the appropriation for work-study payments under section 441 of this title for that fiscal year does not at least equal $550,000,000, and "(ivXD the amount available for Federal capital contributions to student loan funds for that fiscal year from funds appropriated under section 461 does not at least equal $286,000,000, (ID the sum of the amounts available under both sections 461 and 468 for Federal capital contributions to student loan funds for that fiscal year does not at least equal $286,000,000, or (III) the amount available under section 468 is not sufficient to provide Federal capital contributions to such funds for that fiscal year in an amount which equals or exceeds the total amount which was available for student loans during the preceding fiscal year, no payment may be made in excess of $2,299 on the beisis of entitlements established under this subpart in excess of such amount. "(E) For any fiscal year ending prior to October 1, 1985, if— "(i) the appropriation for malang grants under subpart 2 of this part for that fiscal year does not at least equal $480,000,000, "(ii) the appropriation for State student incentive grants under subpart 3 of this part for that fiscal year does not at least equal $76,750,000, "(iii) the appropriation for work-study pa5nnents under section 441 of this title for that fiscal year does not equal at least $550,000,000, and "(ivXD the amount available for Federal capital contributions to student loan funds for that fiscal year from funds appropriated under section 461 does not at least equal $286,000,000, (ID the sum of the amounts available under both sections 461 and 468 for Federal capital contributions to student loan funds for that fiscal year does not at least equal $286,000,000, or (III) the amount available under section 468 is not sufficient to provide Federal capital contributions to such funds for that fiscal year in an amount which equals or exceeds the total amount which was available for student loans during the preceding fiscal year, no payment may be made equal to or in excess of $2,500 on the basis of entitlements established under this subpart which are equal to or in excess of such amount.", (h) Subsections (d) and (e) of section 411 of the Act are repealed. SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS

20 USC 1070b.

SEC. 403. (a) Section 413A(a) of the Act is amended by striking out "who, for lack of financial means, would be unable to obtain such

�