higher education facilities loan fund

higher education facilities loan fund The Secretary is hereby authorized to make such expenditures, within the limits of funds available in the Higher Education Facilities Loan Fund, and in accord with law, and to make such contracts and commitments without regard to fiscal year limitation as provided by 82 Stat. 977section 104 of the Government Corporation Control Act, as amended, as may be necessary in carrying out the program set forth in the budget for the current fiscal year for such fund: Provided, That the total amount of loans made from this fund in the current fiscal year shall not exceed $150,000,000. For capital for the “Higher education facilities loan fund,” for loans for construction of academic facilities under Title III of the Higher Education Facilities Act of 1963, as amended, $100,000,000, to remain available until expended.