[Code of Federal Regulations]

[Title 34, Volume 3]

[Revised as of July 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 34CFR648.50]



[Page 337]

 

                           TITLE 34--EDUCATION

 

 CHAPTER VI--OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION

 

PART 648_GRADUATE ASSISTANCE IN AREAS OF NATIONAL NEED--Table of Contents

 

           Subpart E_How Does the Secretary Distribute Funds?

 

Sec. 648.50  What are the Secretary's payment procedures?





    (a) The Secretary awards to the institution of higher education a 

stipend and an institutional payment for each individual awarded a 

fellowship under this part.

    (b) If an academic department of an institution of higher education 

is unable to use all of the amounts available to it under this part, the 

Secretary reallots the amounts not used to academic departments of other 

institutions of higher education for use in the academic year following 

the date of the reallotment.



(Authority: 20 U.S.C. 1135a, 1135c, 1135d)