 |
Code of Federal Regulations (Last Updated: July 5, 2024) |
 |
Title 34 - Education |
|
Subtitle B - Regulations of the Offices of the Department of Education |
|
Chapter VI - Office of Postsecondary Education, Department of Education |
|
Part 657 - Foreign Language and Area Studies Fellowships Program |
|
Subpart D - What Conditions Must Be Met by a Grantee and a Fellow? |
§ 657.32 - What is the payment procedure for fellowships?
Latest version.
-
§ 657.32 What is the payment procedure for fellowships?
(a) An institution shall pay a fellow his or her subsistence and any other allowance in installments during the term of the fellowship.
(b) An institution shall make a payment only to a fellow who is in good standing and is making satisfactory progress.
(c) The institution shall make appropriate adjustments of any overpayment or underpayment to a fellow.
(d) Funds not used by one recipient for reasons of withdrawal are to be used for alternate recipients to the extent that funds are available for a full subsistence allowance.