Page:United States Statutes at Large Volume 86.djvu/296

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[86 STAT. 254]
PUBLIC LAW 92-000—MMMM. DD, 1972
[86 STAT. 254]

254

agreeme"ntTrovisions.

Post, p. 274.

Post, p. 275.

PUBLIC LAW 92-318-JUNE 23, 1972

[86 STAT.

For the purposes of clause (C) of this paragraph, in determining financial need, the expected family contribution shall be considered to be the contribution expected in the specific circumstances of the student as determined by the student financial aid officer at the institution in accordance with criteria promulgated by the Commissioner. Any calculation of the ability of a family to contribute shall include consideration of (i) family assets which should reasonably be available for such purpose, (ii) the number of children in the family, (iii) the number of children attending institutions of higher education, (iv) any catastrophic illness in the family, (v) any educational expenses of other dependent children in the family, and (vi) other circumstances affecting the student's financial need. "(b) Au Institution of higher education which desires to obtain funds for supplemental grants under this subpart shall enter into an agreement with the Commissioner. Such agreement shall— "(1) provide that funds received by the institution under this subpart will be used by it solely for the purposes specified in, and in accordance with, the provisions of this subpart and of section 463; "(2) provide that, in determining whether an individual meets the requirements of clause (C) of paragraph (2) of subsection (a), the institution will—• " (A) consider the source of such individual's income and that of any individual or individuals upon Avhom he relies primarily for support, and " (B) make appropriate review of the assets of the student and of such individuals; " (3) provide that the institution, in cooperation with other eligible institutions where appropriate, will make vigorous efforts to identify qualified youths of exceptional financial need, and to encourage them to continue their education beyond secondary school through such programs and activities as— " (A) establishing or strengthening close working relationships with secondary school principals and guidance and counseling personnel, with a view toward motivating students to complete secondary school and to pursue postsecondary school educational opportunities, and " (B) making, to the extent feasible, conditional commitments for student financial aid by such institution to qualified secondary school students, who but for such grants would be unable to obtain the benefits of higher education, with special emphasis on students enrolled in grade 11 or lower grades who show evidences of academic or creative promise; "(4) provide that the institution will meet the requirements of section 464; " (5) include provisions designed to make grants under this subpart reasonably available, to the extent of available funds, to all eligible students in attendance at the institution; " (6) include such other provisions as may be necessary to protect the financial interest of the United States and promote the purposes of this subpart. " A P P O R T I O N M E N T AND ALLOCATION o r FUNDS

"SEC. 413D. (a) (1^ (A) From 90 per centum of the sums appropriated pursuant to section 413A(b)(1) for any fiscal year, the Commissioner shall apportion to each State an amount which bears the same ratio to such sums as the number of persons enrolled full-time and the full-time equivalent of the number of persons enrolled part time in institutions of higher education in such State bears to the total number