[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: 34CFR650.41]



[Page 345]

 

                           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]