Higher Education Amendments of 1971: Hearings, Ninety-second Congress, First Session ...
U.S. Government Printing Office, 1971
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academic additional administration agencies amended amount application appropriated assistance Association attending authorized believe Board budget carry Commissioner committee concerned Congress continue contribution cost course deficit determined effective eligible enrollment established expected expenses facilities Federal fiscal Foundation funds give Government graduate grants GREEN Higher Education Act income increase indicated individual inserting institutions of higher interest kind less Madam Chairman means meet Michigan million necessary obligations Office operating opportunity paragraph payments percent period person present President problem proposal question reason received respect responsibility Secretary statement student loans subsection sums thereof things tion United University women
Page 33 - All redemptions, purchases, and sales by the Secretary of the Treasury of such notes or other obligations shall be treated as public debt transactions of the United States.
Page 9 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations issued hereunder and for that purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under that Act, as amended, are extended to include any purchase of such notes and obligations.
Page 33 - The accounts of the Corporation shall be audited annually in accordance with generally accepted auditing standards by independent certified public accountants or independent licensed public accountants certified or licensed by a regulatory authority of a State or other political subdivision of the United States.
Page 42 - Each Federal department and agency which is empowered to extend Federal financial assistance to any program or activity, by way of grant, loan, or contract other than a contract of Insurance or guaranty, is authorized and directed to effectuate the provisions of section...
Page 39 - Federal funds made available under this Act for any fiscal year will be so used as to supplement and, to the extent practical, increase the level of funds that would, in the absence of such Federal funds, be made available by the applicant for the purposes described in section 3, and in no case supplant such funds.
Page 9 - Act, as amended, are extended to include any purchases of such notes and obligations. The Secretary of the Treasury may at any time sell any of the notes or other obligations acquired by him under this subsection.
Page 41 - Commissioner determines to be reasonable, taking into account the range of interest rates prevailing in the private market for similar loans and the risks assumed by the United States.
Page 43 - ... (1) any member appointed to fill a vacancy occurring prior to the expiration of the term for which his predecessor was appointed, shall be appointed for the remainder of such term; and (2) the terms of office of the members first taking office after the date of the enactment of this Act...
Page 60 - Corporation pertaining to its financial transactions and necessary to facilitate the audit, and they shall be afforded full facilities for verifying transactions with the balances or securities held by depositories, fiscal agents, and custodians.
Page 33 - Commissioner is authorized to issue to the Secretary of the Treasury notes or other obligations in such forms and denominations, bearing such maturities, and subject to...