amendments to title ii—loans to students in institutions of higher education

amendments to title ii—loans to students in institutions of higher education Sec. 22. (a) The first sentence of section 201 of the National Defense Education Act of 1958 is amended by striking out “$90,000,000 each for the fiscal year ending June 30, 1962, and for the two succeeding fiscal years, and such sums for the fiscal year ending June 30, 1965, and each or the three succeeding fiscal years as may be necessary to 77 Stat. 416enable students who have received a loan for any school year ending prior to July 1, 1964, to continue or complete their education” and inserting in lieu thereof “$90,000,000 each for the fiscal year ending June 30, 1962, and the next fiscal year, $125,000,000 for the fiscal year ending June 30, 1964, and $135,000,000 for the fiscal year ending June 30, 1965, and such sums for the fiscal year ending June 30, 1966, and each of the next three fiscal years as may be necessary to enable students who have received loans for school years ending prior to July 1, 1965, to continue or complete their education”. (b) Section 202 of such Act is amended by striking out “1964” wherever it appears therein and inserting in lieu thereof “1965”. (c) Effective with respect to fiscal years beginning after June 30, 1963, section 203(b) of such Act is amended by striking out “$250,000” and inserting in lieu thereof “$800,000”; (d) (1) Subparagraph (2)(A)(i) of subsection (b) of section 205 of such Act is amended by inserting “or at a comparable institution outside the States approved for this purpose by the Commissioner” after “at an institution of higher education”. (2) Subparagraph (3) of such subsection is amended by inserting “or in an elementary or secondary school overseas of the Armed Forces of the United States” after “State”. (3) The amendment made by paragraph (1) of this subsection shall apply to any loan (under an agreement under title II of the National Defense Education Act of 1958) outstanding on the date of enactment of this Act only with the consent of the institution which made the loan. The amendment made by paragraph (2) of this subsection shall apply with respect to service as a teacher (described in such section 205(b)(3) of the National Defense Education Act of 1958) performed during academic years beginning after the enactment of this Act, whether the loan was made before or after such enactment. (e) Section 206 of such Act is amended by striking out “1968” wherever it appears therein and inserting in lieu thereof “1969”.