20-U.S.C.-2007

§2007 – Stipends

Pathway

Title 20 > Chapter 42 > Section 2007

Details

• Reference: Section 2007
• Legend: §2007 – Stipends
• USCode Year: 2013

Provision Content

Each student awarded a scholarship under this chapter shall receive a stipend which shall not exceed the cost to such student for tuition, fees, books, room and board, or $10,000 (adjusted annually to reflect increases, if any, in the Consumer Price Index for All Urban Consumers, published by the Bureau of Labor Statistics) whichever is less for each academic year of study.

(Pub. L. 93–642, §8, Jan. 4, 1975, 88 Stat. 2278; Pub. L. 99–159, title V, §501, Nov. 22, 1985, 99 Stat. 904.)

Amendments

1985—Pub. L. 99–159 increased amount from $5,000 to $10,000 with provision for annual adjustments.

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Topic Map

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