[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: 34CFR675.35]

[Page 630]
 
                           TITLE 34--EDUCATION
 
             CHAPTER VI--OFFICE OF POSTSECONDARY EDUCATION,
                         DEPARTMENT OF EDUCATION
 
PART 675--FEDERAL WORK-STUDY PROGRAMS--Table of Contents
 
             Subpart B--Job Location and Development Program
 
Sec. 675.35  Agreement.

    (a) A FWS participating institution, to establish or expand these 
programs, shall enter into an agreement with the Secretary.
    (b) The agreement must provide--
    (1) That the institution will administer the programs in accordance 
with the HEA and the provisions of this part;
    (2) That the institution will submit to the Secretary an annual 
report on the use of the funds and an evaluation of the effectiveness of 
the programs in benefiting the institution's students; and
    (3) Satisfactory assurances that--
    (i) The institution will not use program funds to locate and develop 
jobs at an eligible institution;
    (ii) The institution will use program funds to locate and develop 
jobs for students during and between periods of attendance at the 
institution, not upon graduation;
    (iii) The program will not displace employees or impair existing 
service contracts;
    (iv) Program funds can realistically be expected to generate total 
student wages exceeding the total amount of the Federal funds spent 
under this subpart; and
    (v) If the institution uses Federal funds to contract with another 
institution, suitable performance standards will be part of that 
contract.

(Approved by the Office of Management and Budget under control number 
1840-0535)

(Authority: 42 U.S.C. 2756)

[52 FR 45770, Dec. 1, 1987, as amended at 53 FR 49147, Dec. 6, 1988; 59 
FR 61417, 61419, Nov. 30, 1994]