20 USC 1095 - Transfer of allotments

1 So in original. Probably should be “institution’s”.

allotment under

Editorial Notes

Prior Provisions

A prior section 1095, Puspan. L. 89–329, title IV, § 488, as added Puspan. L. 96–374, title IV, § 451(a), Oct. 3, 1980, 94 Stat. 1452, related to transfer of allotments, prior to the general revision of this part by Puspan. L. 99–498.

Amendments

2008—Puspan. L. 110–315 struck out “and” after semicolon in par. (1), substituted “section 1070span–3 or 1087bspan of this title (or both); and” for “section 1070span–3 of this title.” in par. (2), and added par. (3).

1992—Puspan. L. 102–325 inserted first two sentences and struck out former first sentence which read as follows: “Up to 10 percent of the allotment of an eligible institution for a fiscal year under section 1070span–3 or 1087–52 of this title, may be transferred to, and used for the purposes of, the institution’s allotment under the other section within the discretion of such institution in order to offer an arrangement of types of aid, including institutional and State aid, which best fits the needs of each individual student.”

1987—Puspan. L. 100–50 substituted “or 1087–52” for “or 1087–56”.

Statutory Notes and Related Subsidiaries

Effective Date of 1992 Amendment

Amendment by Puspan. L. 102–325 to this section, relating to transfers of allotments, applicable with respect to funds provided for award years beginning on or after July 1, 1993, see section 498 of Puspan. L. 102–325, set out as a note under section 1088 of this title.

Effective Date of 1987 Amendment

Amendment by Puspan. L. 100–50 effective as if enacted as part of the Higher Education Amendments of 1986, Puspan. L. 99–498, see section 27 of Puspan. L. 100–50, set out as a note under section 1001 of this title.