The Student Financial Aid Act of 1975, Hearings Before the Subcommittee on Postsecondary Education Of..., 94-1, March 12, 13, 17, 19, 20, 24, 25, 26; April 8, 9, 10, and 11, 1975

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1975 - 1107 pages
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Page 87 - ... provides for such fiscal control and fund accounting procedures as may be necessary to assure proper disbursement of and accounting for Federal funds paid to the applicant under this...
Page 395 - State, which (1) admits as regular students only persons who have -completed or left elementary or secondary school and who have the ability to benefit from the training offered by such institution; (2) is legally authorized to provide, and provides within that State, a program of postsecondary vocational or technical education designed to fit individuals for useful employment in recognized occupations...
Page 59 - In the performance of, and with respect to, the functions, powers, and duties...
Page 107 - Administrator shall publish a list of nationally recognized accrediting agencies or associations which he determines to be reliable authority as to the quality of training offered. (2) The term "academic year" means an academic year or its equivalent, as determined by the Administrator.
Page 738 - States to promote a better understanding of the United States in other countries, and to increase mutual understanding between the people of the United States and the people of other countries.
Page 66 - The Corporation, including its franchise, its capital, reserves, and surplus, and its income, shall be exempt from all taxation now or hereafter imposed by the United States, by any Territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing authority, except that any real property of the Corporation shall be subject to State, Territorial, county, municipal or local taxation to the same extent according to its value as other real property is taxed.
Page 42 - Commissioner) : (B) authorizes the insurance of loans to any individual student for at least six academic years of study or their equivalent (as determined under regulations of the Commissioner) ; (C) provides that (i) the student borrower shall be entitled to accelerate without penalty the whole or any part of an insured loan, (ii...
Page 42 - The annual insurable limit per student shall not be deemed to be exceeded by a line of credit under which actual payments by the lender to the borrower will not be made in any year in excess of the annual limit.
Page 58 - Such notes or other obligations shall bear interest at a rate determined by the Secretary of the Treasury...
Page 59 - Sue and be sued in any court of record of a State having general Jurisdiction, or in any United States district court, and Jurisdiction is conferred upon such district court to determine such controversies without regard to the amount in controversy; but no attachment, injunction, garnishment, or other similar process...

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