Page:United States Statutes at Large Volume 86.djvu/324

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[86 STAT. 282]
[86 STAT. 282]
PUBLIC LAW 92-000—MMMM. DD, 1972

282

PUBLIC LAW 92-318-JUNE 23, 1972

Repeal. 82 Stat. 1062. 20 USC 1060.

[86

STAT.

"(3) Nothing in this section shall be construed to limit the freedom of any student to verbal expression of individual views or opinions.". (b) Effective July 1, 1972, section 504 of Public Law 90-575 is repealed. AFFIDAVIT OF EDUCATIONAL PURPOSE REQUIRED

Ante,

p. 281.

SEC. 139C. (a) Part F of title IV of the Higher Education Act of 1965 is amended by inserting after section 497 the following new section: " A F F I D A VI TO F EDUCATIONAL PURPOSE REQUIRED

Effective date.

"SEC. 498. (a) Notwithstanding any other provision of law, no grant, loan, or loan guarantee authorized under this title may be made unless the student to whom the grant, loan, or loan guarantee is made has filed with the institution of higher education which he intends to attend, or is attending (or in the case of a loan or loan guarantee with the lender), an affidavit stating that the money attributable to such grant, loan, or loan guarantee will be used solely for expenses related to attendance or continued attendance at such institution. "(b) Nothing in this section shall be construed to invalidate any loan guarantee made under this title.". (b) The amendment made by subsection (a) of this section shall become effective after the sixtieth clay after the date of enactment of this Act. STUDY OF THE F I N A N C I N G OF POSTSECONDARY EDUCATION

National Commission on the Financing of Postsecondary Education, establishment. Termination.

S E C 140. (a)(1) I t is the purpose of this section to authorize a study of the impact of past, present, and anticipated private, local, State, and Federal support for postsecondary education, the appropriate role for the States in support of higher education (including the application of State law upon postsecondary educational opportunities), alternative student assistance programs, and the potential Federal, State, and private participation in such programs. (2) I n order to give the States and the Nation the information needed to assess the dimensions of, and extent of, the financial crisis confronting the Nation's postsecondary institutions such study shall determine the need, the desirability, the form, and the level of additional governmental and private assistance. Such study shall include at least (A) an analysis of the existing programs of aid to institutions of higher education, various alternative proposals presented to the Congress to provide assistance to institutions of higher education, as well as other viable alternatives which, in the judgment of the Commission, merit inclusion in such a study; (B) the Costs, advantages and disadvantages, and the extent to which each proposal would preserve the diversity and independence of such institutions; and (C) the extent to which each would advance the national goal of making postsecondary education accessible to all individuals, including returning veterans, having the desire and ability to continue their education. (b)(1) There is hereby established, as an independent agency within the executive branch, a National Cominission on the Financing of Postsecondary Education (referred to in this section as the "Commission"), Upon the submission of its final report required by subsection (d) the Commission shall cease to exist. (2) The Department of Health, Education, and Welfare shall provide the Commission with necessary administrative services (including those related to budgeting, accounting, financial reporting, personnel