DEPARTMENT OF EDUCATION

DEPARTMENT OF EDUCATION impact aid For carrying out disaster assistance activities resulting from the January 1994 earthquake in Southern California and other disasters as authorized under section 7 of Public Law 81–874, $165,000,000, to remain available through September 30, 1995: Provided, That the entire amount is designated by Congress as an emergency requirement pursuant to section 251(b)(2)(D)(i) of the Balanced Budget and Emergency Deficit Control Act of 1985, as amended. student financial assistance For an additional amount for “Student financial assistance” for payment of awards made under title IV, part A, subpart 1 of the Higher Education Act of 1965, as amended, $80,000,000, to remain available through September 30, 1995: Provided, That notwithstanding sections 442(e) and 462(j) of such Act, the Secretary may reallocate, for use in award year 1994–1995 only, any excess funds returned to the Secretary of Education under the Federal 108 STAT. 9Work-Study or Federal Perkins Loan programs from award year 1993–1994 to assist individuals who suffered financial harm from the January 1994 earthquake in Southern California and other disasters: Provided further, That the entire amount is designated by Congress as an emergency requirement pursuant to section 251(b)(2)(D)(i) of the Balanced Budget and Emergency Deficit Control Act of 1985, as amended: Provided further, That fiscal year 1992 Federal Work-Study and Federal Perkins Loan funds that were reallocated to institutions for use in award year 1993–1994, pursuant to Public Law 103–75, and fiscal year 1992 Federal Supplemental Educational Opportunity Grant funds that were reallocated to institutions by the Secretary for use in award year 1993–1994, pursuant to section 413D(e) of the Higher Education Act of 1965, as amended, to assist individuals who suffered financial harm as a result of the Midwest floods of 1993 shall remain available for use in award year 1994–1995 by institutions that received such reallocations.