[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: 34CFR657.32]



[Page 365]

 

                           TITLE 34--EDUCATION

 

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

 

PART 657_FOREIGN LANGUAGE AND AREA STUDIES FELLOWSHIPS PROGRAM--Table 

of Contents

 

    Subpart D_What Conditions Must Be Met by a Grantee and a Fellow?

 

Sec. 657.32  What is the payment procedure for fellowships?



    (a) An institution shall pay a fellow his or her subsistence and any 

other allowance in installments during the term of the fellowship.

    (b) An institution shall make a payment only to a fellow who is in 

good standing and is making satisfactory progress.

    (c) The institution shall make appropriate adjustments of any 

overpayment or underpayment to a fellow.

    (d) Funds not used by one recipient for reasons of withdrawal are to 

be used for alternate recipients to the extent that funds are available 

for a full subsistence allowance.



(Authority: 20 U.S.C. 1122)