PUBLIC LAW 94-482-OCT. 12, 1976 to enable the Commissioner to make grants pursuant to section 802 to institutions of higher education, or to combinations of such institutions, for the planning, establishment, expansion, or carrying out by such institutions or combinations of programs of cooperative education. Such programs shall provide alternating periods of academic study and of public or private employment, the latter affording students not only the opportunity to earn the funds necessary for continuing and completing their education but, so far as practicable, giving them work experience related to their academic or occupational objectives. "(b) There are further authorized to be appropriated (1) $1,000,000 for the fiscal year ending June 30, 1976, and the period beginning July 1, 1976, and ending September 30, 1976; "(2) $1,500,000 for the fiscal year 1977; "(3) $2,500,000 for the fiscal year 1978; and "(4) $3,000,000 for each of the fiscal years 1978, 1979, 1980, 1981, and 1982, to enable the Commissioner to make training, demonstration, or research grants or contracts pursuant to section 803. "(c) Appropriations under this title shall not be available for the payment of compensation of students for employment by employers under arrangements pursuant to this part. "GRANTS FOR PROGRAMS OF COOPERATIVE EDUCATION 90 STAT. 2145 "SEC. 802. (a) From the sums appropriated pursuant to subsec- 20 USC 1133a. tion (a) of section 801, and for the purposes set forth therein, the Commissioner is authorized to make grants to institutions of higher education that have applied therefor in accordance with subsection (b) of this section, in amounts not in excess of $175,000 to any one such institution for any fiscal year, and to combinations of such institutions (that have so applied) in amounts not to exceed an amount equal to the product of $125,000 times the number of institutions participating in such combination, for any fiscal year. "(b) Each application for a grant authorized by subsection (a) of Application. this section shall be filed with the Commissioner at such time or times as he may prescribe and shall "(1) set forth programs or activities for which.a grant is authorized under this section; "(2) specify the portion or portions of such programs or activities which will be performed by a nonprofit organization or institution other than the applicant and the compensation to be paid for such performance; "(3) provide that the applicant will expend during such fiscal year for the purpose of such program or activity not less than was expended for such purpose during the previous fiscal year; "(4) provide that the applicant shall make such reports and keep such records as are essential to insure that the applicant's programs or activities are conducted in accordance with the provisions of this part; "(5) provide 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 part; and "(6) include such other information as is essential to carry out the provisions of this part. "(c) No institution of higher education may receive, individually or as a participant in a combination of such institutions, grants under 90 STAT. 2146 20 USC 1133b. 20 USC 1087aa. 20 USC 1087cc. PUBLIC LAW 94-482-OCT. 12, 1976 this section for more than five fiscal years. No such institution or combination thereof may receive— "(1) a grant in excess of 100 per centuin of the total administrative cost for the first of such fiscal years; "(2) a grant in excess of 90 per centum of such cost for the second of such years; "(3) a grant in excess of 80 per centum of such cost for the third of such years; "(4) a grant in excess of 60 per centum of such cost for the fourth of such years; or "(5) a grant in excess of 30 per centum of such cost for the fifth of such years. Any provision of law to the contrary notwithstanding, the Commissioner shall not waive the provisions of this subsection. "(d) In approving applications under this section, the Commissioner shall give special consideration to applications from institutions of higher education for programs which show the greatest promise of success because of "(1) the extent to which programs in the academic discipline with respect to which the application is made have had a favorable reception by employers, "(2) the commitment of the institution of higher education to cooperative education as demonstrated by the plans which such institution has made to continue the program after the termination of Federal financial assistance, and "(3) such other factors as are consistent with the purposes of this section. "GRANTS AND CONTRACTS FOR TRAINING AND RESEARCH "SEC. 803. From the sums appropriated pursuant to subsection (b) of section 801, the Commissioner is authorized, for the training of persons in the planning, establishment, administration, or coordination of programs of cooperative education, for projects demonstrating or exploring the feasibility or value of innovative methods of cooperative education, or for research into methods of improving, developing, or promoting the use of cooperative education programs in institutions of higher education, to "(1) make grants to or contracts with institutions of higher education, or combinations of such institutions, and "(2) make grants to or contracts with other public or private nonprofit agencies or organizations, when such grants or contracts will make an especially significant contribution to attaining the objectives of this section.". DIRECT LOAN PROGRAM SEC. 130. (a) Section 461 (b) of the Act is amended by striking out "July 1, 1975" and inserting in lieu thereof "October 1, 1979". (b) Section 461 (b) (2) of the Act is amended by striking out "June 30, 1976" and inserting in lieu thereof "September 30, 1979", and by striking out "July 1, 1975" and inserting in lieu thereof "October 1, 1979". (c) Section 463 (a) of the Act is amended by redesignating clauses (4) and (5) as clauses (5) and (6), respectively, and inserting immediately after paragraph (3) the following new clause: "(4) provide that where a note or written agreement evidencing a note has been in default for (A) one hundred and twenty days, PUBLIC LAW 94-482-OCT. 12, 1976 in the case of a loan which is repayable in monthly installments, or (B) one hundred and eighty days, in the case of a loan which is repayable in less frequent installments, notice of such default shall be given to the Commissioner in a report describing the total number of loans from such fund which are in such default, and made to the Commissioner at least semiannually;". 90 STAT. 2147 (d) Section 464 (b) of the Act is amended by striking ", upon notice 20 USC 1087dd. to the Commissioner,". (e) Section 464 (c) (1) (A) of the Act is amended by inserting immediately before the semicolon at the end thereof the following: ","except that such period may begin earlier than nine months after such date upon the request of the borrower". (f) Section 464 (c) (1) (C) of the Act is amended to read as follows: "(C) may provide, at the option of the institution in accordance with regulations of the Commissioner, that during the repayment period of the loan, payments of principal and interest by the borrower with respect to all outstanding loans made to him from a student loan fund assisted under this part shall be at a rate equal to not less than $30 per month, except that the institution may, subject to such regulations, permit a borrower to pay less than $30 per month for a period of not more than one year where necessary to avoid hardship to the borrower, but without extending the ten-year maximum repayment period provided for in clause (A) of this paragraph;" (g) (1) Section 464 (c) (1) of the 'Act is amended by redesignating clauses (F) and (G) as (G) and (H), respectively, and by inserting after clause (E) the following new clause: "(F) shall provide that the liability to repay the loan shall be canceled upon the death of the borrower, or if he becomes permanently and totally disabled as determined in accordance with regulations of the Commissioner;". (2) The amendments made by this subsection shall take effect on June 23, 1972. (h) (1) Section 466 of the Act is amended by striking out "June 30, 1980" wherever it appears and inserting in lieu thereof "September 30, 1984". (2) Section 466 of the Act is further amended by striking out "December 31, 1980" wherever it appears and inserting in lieu thereof "March 31, 1985". (3) Section 466(b) of the Act is amended by striking out "June 30, 1974" and inserting in lieu thereof "September 30, 1978". (4) Section 466 (c) of the Act is amended by striking out "July 1, 1980" and inserting in lieu thereof "October 1, 1984". STUDENT CONSUMER INFORMATION SEC. 131. (a) Section 493 of the Act is amended (1) by striking out "3 per centum" in subsection (a) and inserting in lieu thereof "4 per centum"; (2) by inserting "(1)" following "1958," and by inserting before the period a comma and the following: "and (2) shall be used by such institution to carry out the provisions of section 493A of this Act"; (3) by striking "$125,000" in subsection (b) and inserting in lieu thereof, "$325,000"; and (4) by adding at the end of said section, the following new subsection: "(c) Payment received by an institution under this section shall be Effective date. 20 USC 1087dd note. 20 USC 1088b. used first to carry out the provisions of section 493A of this Act and Post, p. 2148. 90 STAT. 2148 20 USC 1088b-1. 20 USC 1070a. Ante, p. 2108. 20 USC 1088b. "Prospective student." PUBLIC LAW 94-482-OCT. 12, 1976 then for such additional administrative costs as the institution of higher education determines necessary.". (b) Subpart 1 of part F of title IV of the Act is further amended by inserting immediately after section 493 the following new sections: "INSTITUTIONAL AND FINANCIAL ASSISTANCE INFORMATION FOR STUDENTS "SEC. 493A. (a) (1) Effective July 1, 1977, each institution of higher education and each eligible institution which receives payments under sections 411(d), 428 (e) or 493 of this title, as the case may be, shall carry out information dissemination activities to prospective students and to enrolled students who request information regarding financial assistance under this title. The information required by this section shall be produced and be made readily available, through appropriate publications and mailings, to all current students and to any prospective student upon request. The information required by this section shall accurately describe- "(A) the student financial assistance programs available to students who enroll at such institution, "(B) the method by which such assistance is distributed among student recipients who enroll at such institution, "(C) any means, including forms, by which application for student financial assistance is made and requirements for accurately preparing such applications and the review standards employed to make awards for student financial assistance, "(D) the rights and responsibilities of students receiving financial assistance under this title, "(E) the cost of attending the institution, including (i) tuition and fees, (ii) books and supplies, (iii) estimates of typical student room and board costs or typical community costs, and (iv) any additional cost of the program in which the student is enrolled or expresses a specific interest, "(F) the refund policy of the institution for the return of unearned tuition and fees or other refundable portion of cost, as described in clause (E) of this subsection, "(G) the academic program of the institution, including (i) the current degree programs and other educational and training programs, (ii) the instructional, laboratory, and other physical plant facilities which relate to the academic program, (iii) the faculty and other instructional personnel, and (iv) data regarding student retention at the institution and, when available, the number and percentage of students completing the programs in which the student is enrolled or expresses interest, and "(H) each person designated under subsection (b) of this section, and the methods by which and locations in which any person so designated may be contacted by students and prospective students who are seeking information required by this subsection. "(2) For purposes of this section, the term 'prospective student' means any individual who has contacted an institution of higher education or an eligible institution requesting information for the purpose of enrolling in that institution. "(b) Effective July 1, 1977, each institution of higher education or eligible institution, as the case may be, which receives payments authorized, under section 411(d), 428 (e), or section 493 of this title shall designate an employee or group of employees who shall be available on a full-time basis to assist students or potential students in obtaining information as specified in the preceding subsection. The Commissioner may, by regulation, waive the requirement that an PUBLIC LAW 94-482-OCT. 12, 1976 employee or employees be available on a full-time basis for carrying out responsibilities required under this section whenever an institution of higher education or eligible institution, as the case may be, in which the total enrollment, or the portion of the enrollment participating in programs under this title at that institution, is too small to necessitate such employee or employees being available on a full-time basis. No such waiver may include permission to exempt any such institution from designating a specific individual or a group of individuals to carry out the provisions of this section. 90 STAT. 2149 "(c) Within 120 days after the date of enactment of the Education Amendments of 1976, the Commissioner shall begin to make available Ante, p. 2081. to institutions of higher education and eligible institutions descriptions of Federal student assistance programs including the rights and responsibilities of student and institutional participants, in order to (1) assist students in gaining information through institutional sources, and (2) assist institutions in carrying out the provisions of this section, so that individual and institutional participants will be fully aware of their rights and responsibilities under such programs. "STUDENT AID INFORMATION SERVICES "SEC. 493B. In order to assist in the expansion and improvement of 20 USC campus student aid information services, the Commissioner shall "(1) survey institutional practices of providing students with complete and accurate information about student financial aid, including the employment of part-time financial aid counselors under work-study programs, hiring other part-time persons from the community, using campus or community volunteers, and communicating through use of publications or technology; collect institutional evaluations of such practices; and disseminate the information described in this clause; "(2) convene meetings of financial aid administrators, students, and other appropriate representatives to explore means of expanding campus financial aid information services and improving the training of part-time individuals involved in such services; "(3) whenever possible, include student peer counselors and other part-time financial aid personnel in training programs sponsored by the Office of Education; and 1088b-2. "(4) make recommendations to Congress not later than Octo- Recommendations ber 1, 1977, concerning his findings and legislative proposals for to Congress. improving the use and quality of services of part-time campus financial aid personnel. "STUDENT FINANCIAL ASSISTANCE TRAINING PROGRAM "SEC. 493C. (a) It is the purpose of this section to make incentive Grants. grants available to the States to be administered, in consultation with 20 USC statewide financial aid administrator organizations, for the purpose of 1088b-3. designing and developing programs to increase the proficiency of institutional and State financial aid administrators in all aspects of student financial aid. "(b) There are hereby authorized to be appropriated $280,000 for Appropriation each year ending prior to October 1, 1978, for equal division among the authorization. States. "(c) To receive a grant under this section a State must provide appropriate assurance to the Commissioner that the grant will be matched from State funds by an amount at least equal to the amount of the grant. |