§297c. Authorization of appropriations for student loan funds

There are authorized to be appropriated for allotments under section 297d of this title to schools of nursing for Federal capital contributions to their student loan funds established under section 297a of this title, $25,000,000 for fiscal year 1976, $30,000,000 for fiscal year 1977, $35,000,000 for fiscal year 1978, $13,500,000 for the fiscal year ending September 30, 1980, $14,000,000 for the fiscal year ending September 30, 1982, $16,000,000 for the fiscal year ending September 30, 1983, and $18,000,000 for the fiscal year ending September 30, 1984. For the fiscal year ending September 30, 1985, and for each of the next two succeeding fiscal years there are authorized to be appropriated such sums as may be necessary to enable students who have received a loan for any academic year ending before October 1, 1984, to continue or complete their education. Of the amount appropriated under the first sentence for the fiscal year ending September 30, 1982, and the two succeeding fiscal years, not less than $1,000,000 shall be obligated in each such fiscal year for loans from student loan funds established under section 297a of this title to individuals who are qualified to receive such loans and who, on the date they receive the loan, have not been employed on a full-time basis or been enrolled in any educational institution on a full-time basis for at least seven years. A loan to such an individual may not exceed $500 for any academic year.

(July 1, 1944, ch. 373, title VIII, §837, formerly §824, as added Sept. 4, 1964, Pub. L. 88–581, §2, 78 Stat. 915 ; amended Nov. 3, 1966, Pub. L. 89–751, §6(b), 80 Stat. 1235 ; Aug. 16, 1968, Pub. L. 90–490, title II, §222(d), 82 Stat. 784 ; July 9, 1971, Pub. L. 92–52, §3(a), 85 Stat. 144 ; Nov. 18, 1971, Pub. L. 92–158, §6(c), 85 Stat. 477 ; Aug. 23, 1974, Pub. L. 93–385, §3(a), 88 Stat. 741 ; renumbered §837 and amended July 29, 1975, Pub. L. 94–63, title IX, §§936(c), 941(i)(1), (3), 89 Stat. 363 , 365, 366; Sept. 29, 1979, Pub. L. 96–76, title I, §109(b), 93 Stat. 580 ; Aug. 13, 1981, Pub. L. 97–35, title XXVII, §2757(c), 95 Stat. 931 .)

Amendments

1981-Pub. L. 97–35 inserted provisions authorizing appropriations for fiscal years ending Sept. 30, 1982, 1983, and 1984, and provisions relating to priorities for obligation of funds, and substituted "1985" for "1981", and "October 1, 1984" for "October 1, 1980".

1979-Pub. L. 96–76 authorized appropriations of $13,500,000 for fiscal year ending Sept. 30, 1980, and substituted provisions relating to authorizations of appropriations through the fiscal year ending Sept. 30, 1981, for loans for any academic year ending before Oct. 1, 1980, for provisions relating to authorizations of appropriations for fiscal year 1979, for loans for any academic year ending before Oct. 1, 1978.

1975-Pub. L. 94–63, §§936(c), 941(i)(3), substituted provisions authorizing appropriations for allotments for schools of nursing for Federal capital contributions to their student loan funds for fiscal years 1976 to 1978 and for fiscal 1979 and next two succeeding fiscal years additional necessary sums, for provisions authorizing appropriations for capital contributions for fiscal year ending June 30, 1965 through fiscal year ending June 30, 1974, and for fiscal year ending June 30, 1975 and next two succeeding fiscal years additional necessary sums, and substituted references to sections 838 and 835 of Act for references to sections 825 and 822, respectively, which for purposes of codification were translated as sections 297d and 297a of this title.

1974-Pub. L. 93–385 authorized appropriations of $35,000,000 for fiscal year ending June 30, 1975.

1971-Pub. L. 92–158 substituted authorized appropriations of $21,000,000, $25,000,000, $30,000,000 and $35,000,000 for fiscal years ending June 30, 1971, 1972, 1973, and 1974, respectively, plus such sums for fiscal year ending June 30, 1975, and each of two succeeding fiscal years as may be necessary to enable students receiving a loan for any academic year ending before July 1, 1974 to continue or complete their education, for an authorized appropriation of $21,000,000 each for fiscal years ending June 30, 1971 and 1972, plus such sums for fiscal year ending June 30, 1973, and each of two succeeding fiscal years as may be necessary to enable students receiving a loan for any academic year ending before July 1, 1972, to continue or complete their education.

Pub. L. 92–52 substituted "each for the fiscal year ending June 30, 1971, and the next fiscal year" for "for the fiscal year ending June 30, 1971", "1973" for "1972" and "July 1, 1972" for "July 1, 1971".

1968-Pub. L. 90–490 authorized appropriations of $20,000,000 and $21,000,000 for fiscal years ending June 30, 1970, and 1971, respectively, and necessary sums for fiscal year ending June 31, 1972, rather than 1970, and two succeeding fiscal years for loans to students receiving loan for any academic year ending before July 1, 1971, rather than 1969; and made appropriations available for transfers pursuant to section 297h of this title, respectively.

1966-Pub. L. 89–751 authorized availability of appropriations for payments into fund established by section 297f(d) of this title.

Effective Date of 1975 Amendment

Amendment by section 936(c) of Pub. L. 94–63 effective July 1, 1975, see section 905 of Pub. L. 94–63, set out as a note under section 296 of this title.

Amendment by section 941(i)(3) of Pub. L. 94–63 effective July 1, 1975, see section 942 of Pub. L. 94–63, set out as a note under section 296a of this title.

Effective Date of 1966 Amendment

Section 6(e)(1) of Pub. L. 89–751 provided that: "The amendments made by this section [amending this section and sections 297d to 297f of this title] shall be effective in the case of payments to student loan funds made after the enactment of this Act [Nov. 3, 1966], except in the case of payments pursuant to commitments (made prior to enactment of this Act) to make loans under section 827 of the Public Health Service Act [section 297f of this title] as in effect prior to the enactment of this Act."

Applicability of Reorg. Plan No. 3 of 1966

Section 9 of Pub. L. 89–751 provided that: "The amendments made by this Act [enacting former sections 295h to 295h–5 and 298c to 298c–8 of this title and amending this section, former sections 292b, 294d, 294n to 294p, and 296, sections 297d and 297e, former section 297f, and section 298 of this title, and section 1717 of Title 12, Banks and Banking] shall be subject to the provisions of Reorganization Plan Numbered 3 of 1966 [set out as a note under section 202 of this title]."

Section Referred to in Other Sections

This section is referred to in section 297d of this title.