TRAINING IN FINANCIAL AID SERVICES.

SEC. 489. TRAINING IN FINANCIAL AID SERVICES. Section 486 of the Act (20 U.S.C. 1093) is amended to read as follows: “SEC. 486. TRAINING IN FINANCIAL AID SERVICES. “(a) Program Authority.— The Secretary is authorized to provide grants to appropriate nonprofit private organizations or combinations of such organizations to provide training for student financial aid administrators and TRIO personnel, at all levels of experience, who provide or are involved in student financial aid services. “(b) Use of Funds.— Financial assistance under this section may be used for— “(1) the operation of short-term training institutes and special training programs for student financial aid administrators or TRIO personnel designed to— “(A) improve the professional management skills of participants m such institutes and programs; “(B) improve the delivery of student services; “(C) improve students’ or prospective students’ information on the availability and operation of student financial assistance programs; and “(D) improve the understanding and knowledge of the participants concerning the legislative and regulatory requirements of the student financial assistance programs and changes in such requirements; and “(2) the development of appropriate training materials. “(c) Limitations.— Grants authorized under this section— “(1) shall be limited to not less than $1,000,000 in the case of single-year grants; “(2) shall be limited to not less than $1,000,000 per year in the case of multiple-year grants; “(3) shall be limited to a maximum of 3 years in the case of multiple-year grants; and “(4) may be renewed at the discretion of the Secretary. “(d) Authorization of Appropriations and Use of Funds.— There are authorized to be appropriated $5,000,000 for fiscal year 1993 and such sums as may be necessary for each of the 4 succeeding fiscal years to carry out the provisions of this section.”.