LIMITATION ON AMOUNT OF ADVANCE PAYMENT OF WORK-STUDY ALLOWANCE.

SEC. 311. LIMITATION ON AMOUNT OF ADVANCE PAYMENT OF WORK-STUDY ALLOWANCE. Section 3485(a)(1) is amended in the third sentence— (1) by striking out “40 per centum” and inserting in lieu thereof “40 percent”; and (2) by inserting “(but not more than an amount equal to 50 times the applicable hourly minimum wage)” before the period at the end.