112 STAT. 1714 PUBLIC LAW 105-244—OCT. 7, 1998 "(5) provide that the Federal share of the compensation of students employed in the work-study program in accordance with the agreement shall not exceed 75 percent, except that— "(A) the Federal share may exceed 75 percent, but not exceed 90 percent, if, consistent with regulations of the Secretary— "(i) the student is employed at a nonprofit private organization or a government agency that— "(I) is not a part of, and is not owned, operated, or controlled by, or under common ownership, operation, or control with, the institution; "(II) is selected by the institution on an individual case-by-case basis for such student; and "(III) would otherwise be unable to afford the costs of such employment; and "(ii) not more than 10 percent of the students compensated through the institution's grant under this part during the academic year are employed in positions for which the Federal share exceeds 75 percent; and
- (B) the Federal share may exceed 75 percent if the
Secretary determines, pursuant to regulations promulgated by the Secretary establishing objective criteria for such determinations, that a Federal share in excess of such amounts is required in furtherance of the purpose of this part;". (f) AVAILABILITY OF EMPLOYMENT.— Section 443(b)(6) is 42 USC 2753. amended by striking ", and to make" and all that follows through "such employment*'. (g) ACADEMIC RELEVANCE.— Section 443(c)(4) is amended by inserting before the semicolon at the end the following: ", to the maximum extent practicable". SEC. 444. FLEXIBLE USE OF FUNDS. Section 445 (42 U.S.C. 2755) is amended by adding at the end the following: "(c) FLEXIBLE USE OF FUNDS.— An eligible institution may, upon the request of a student, make payments to the student under this part by crediting the student's account at the institution or by making a direct deposit to the student's account at a depository institution. An eligible institution may only credit the student's account at the institution for (1) tuition and fees, (2) in the case of institutionally owned housing, room and board, and (3) other institutionally provided goods and services.". SEC. 445. WORK COLLEGES. Section 448 (42 U.S.C. 2756b) is amended— (1) in subsection (b)(2)— (A) in subparagraph (C), by striking "and" after the semicolon; (B) in subparagraph (D)(ii), by striking the period and inserting a semicolon; and (C) by adding at the end the following: "(E) coordinate and carry out joint projects and activities to promote work service learning; and "(F) carry out a comprehensive, longitudinal study of student academic progress and academic and career outcomes, relative to student self-sufficiency in financing their
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