Sec. 626. FINANCIAL ASSISTANCE

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## SEC. 626 FINANCIAL ASSISTANCE **[**[20 U.S.C. 1131c–1](/us/usc/t20/s1131c–1)**]** ###

(a)Authority The Institute may provide financial assistance, in the form of summer stipends described in subsection

(b)and Ralph Bunche scholarship assistance described in subsection (c), to low-income students to facilitate the participation of the students in the Institute's programs under this part. ###

(b)Summer Stipends ####

(1)Requirements A student receiving a summer stipend under this section shall use such stipend to defray the student's cost of participation in a summer institute program funded under this part, including the costs of travel, living, and educational expenses necessary for the student's participation in such program. ####

(2)Amount A summer stipend awarded to a student under this section shall not exceed $3,000 per summer. ###

(c)Ralph Bunche Scholarship ####

(1)Requirements A student receiving a Ralph Bunche scholarship under this section— #####

(A)shall be a full-time student at an institution of higher education who is accepted into a program funded under this part; and #####

(B)shall use such scholarship to pay costs related to the cost of attendance, as defined in section 472, at the institution of higher education in which the student is enrolled. ####

(2)Amount and duration A Ralph Bunche scholarship awarded to a student under this section shall not exceed $5,000 per academic year.

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20 USC 1131c–1

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Sec. 626

FINANCIAL ASSISTANCE

Cite20 USC 1131c–1

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