[Code of Federal Regulations]
[Title 34, Volume 3]
[Revised as of July 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 34CFR650.41]

[Page 356]
 
                           TITLE 34--EDUCATION
 
             CHAPTER VI--OFFICE OF POSTSECONDARY EDUCATION,
                         DEPARTMENT OF EDUCATION
 
PART 650--JACOB K. JAVITS FELLOWSHIP PROGRAM--Table of Contents
 
     Subpart E--What Are the Administrative Responsibilities of the 
                              Institution?
 
Sec. 650.41  How are institutional payments to be administered?

    (a) With respect to the awards made for the academic year 1998-1999, 
the Secretary makes a payment of $10,222 to the institution of higher 
education for each individual awarded a fellowship for pursuing a course 
of study at the institution. The Secretary adjusts the amount of the 
institutional payment annually thereafter in accordance with inflation 
as determined by the U.S. Department of Labor's Consumer Price Index for 
the previous calendar year.
    (b) If the institution of higher education charges and collects 
amounts from a fellow for tuition or other expenses required by the 
institution as part of the fellow's instructional program, the Secretary 
deducts that amount from the institutional payment.
    (c) If the fellow is enrolled for less than a full academic year, 
the Secretary pays the institution a pro rata share of the allowance.

(Authority: 20 U.S.C. 1134b)

[58 FR 58084, Oct. 28, 1993, as amended at 64 FR 3199, Jan. 20, 1999]