Pub. L. 102-325, tit. IV, pt. G, sec. 493

ADMINISTRATIVE EXPENSES.

EnactedYear: 1992Length: 143 wordsOfficial source
SEC. 493. ADMINISTRATIVE EXPENSES. (a) Administrative Expenses.— Section 489(a) of the Act is amended— (1) in the second sentence, by striking “(other than section 447)”; (2) by striking the fourth sentence (relating to payments with respect to section 447); and (3) by striking “subpart 2” each place it appears and inserting “subpart 3”. (b) Nontraditional Students.— Section 489(b) of the Act (20 U.S.C. 1096) is amended— (1) by inserting “(1)” before “The sums”; and (2) by adding at the end the following new paragraph: “(2) If the institution enrolls a significant number of students who are (A) attending the institution less than full time, or (B) 106 STAT. 631independent students, the institution shall use a reasonable proportion of the funds available under this section for financial aid services during times and in places that will most effectively accommodate the needs of such students”.