20 U.S.C. § 1225
Availability of appropriations on academic or school-year basis; additional period for obligation of funds
Appropriations for any fiscal year for grants, loans, contracts, or other payments under any applicable program may, in accordance with regulations of the Secretary, be made available for obligation by the recipient on the basis of an academic or school year differing from such fiscal year.
If any funds appropriated to carry out any applicable program are not obligated pursuant to a spending plan submitted in accordance with section 1341(a) of title 31 and become available for obligation after the institution of a judicial proceeding seeking the release of such funds, then such funds shall be available for obligation and expenditure until the end of the fiscal year which begins after the termination of such judicial proceeding.
A prior section 421 of Pub. L. 90–247 was classified to section 1230 of this title prior to repeal by Pub. L. 103–382.
Another prior section 421 of Pub. L. 90–247 was renumbered section 430, and is classified to section 1231 of this title.
Another prior section 421 of Pub. L. 90–247 was renumbered section 437, and is classified to section 1232 of this title.
1994—Pub. L. 103–382, § 232(a), amended section catchline generally.
Subsec. (a). Pub. L. 103–382, § 232(b)(1), struck out “to educational agencies or institutions” after “other payments” and substituted “obligation” for “expenditure” and “recipient” for “agency or institution concerned”.
Subsec. (b). Pub. L. 103–382, § 232(b)(2), which directed the substitution in the original of “(b)(1) Notwithstanding” for “(b) Notwithstanding”, could not be executed because the original already reads “(b)(1) Notwithstanding”.
Subsec. (c). Pub. L. 103–382, § 232(b)(3), substituted reference to section 1341(a) of title 31 for reference to section 3679(d)(2) of the Revised Statutes.
1978—Subsec. (b). Pub. L. 95–561 struck out “ending prior to
1977—Subsec. (b). Pub. L. 95–112 substituted “
1976—Subsec. (b). Pub. L. 94–273 substituted “October” for “July”.
1974—Subsec. (b). Pub. L. 93–380, § 506(a)(1)(E), substituted “1978” for “1973” and inserted “by educational agencies or institutions” and “by such agencies and institutions” after “obligated and expended” and “obligation and expenditure”, respectively.
Subsec. (c). Pub. L. 93–380, § 506(a)(1)(E), added subsec. (c).
1970—Pub. L. 91–230 substituted “applicable program” for “Act referred to in section 1221 of this title”, inserted “loans,” after “grants,” designated existing provisions as thus amended as subsec. (a), and added subsec. (b).
Amendment by Pub. L. 95–561 effective
Pub. L. 93–380, title V, § 506(b),
Pub. L. 94–482, title III, § 327,