An Act to make certain appropriations available for obligation and expenditure until June 30, 1975, and for other purposes.
PL 93-269 (H.R.12253), enacted 04/18/1974

88 STAT. ] 
PUBLIC LAW 93-269-APR. 18, 1974 
87 
" (c) The provisions of this section shall terminate as of January 2, 
1975." 
(b) The table of contents for part C of title V I I of such Act is 
amended by inserting at the end of that part the following new item: 
"Sec. 724. Political participation in certain elections first held under this Act." 
(c) Section 771(e) of the District of Columbia Self-Government 
and Governmental Reorganization Act is amended by deleting "Part 
E" and inserting in lieu thereof "Section 724 and part E". 
SEC. 4. (a) Section 7324(d)(4) of title 5, United States Code, is 
amended to read as follows: 
"(4) the Mayor of the District of Columbia, the members of 
the Council of the District of Columbia, or the Chairman of the 
Council of the District of Columbia, as established by the District 
of Columbia Self-Government and Governmental Reorganization 
Act; or". 
(b) Notwithstanding any other provision of law, the provisions 
of section 7324(a) (2) of title 5, United States Code, shall not be 
applicable to the Commissioner of the District of Columbia or the 
members of the District of Columbia Council (including the Chair-
man and Vice Chairman), as established by Reorganization Plan 
Numbered 3 of 1967. 
(c) Section 741 of the District of Columbia Self-Government and 
Governmental Reorganization Act is repealed. 
Approved April 17, 1974. 
Termination 
date. 
D.C. Code 121 
note. 
5 u s e 7324 
note. 
5 u s e app. 
Repeal. 
87 Stat. 831. 
Public Law 93-269 
AN ACT 
To make certain appropriations available for obligation and expenditure until 
June 30, 1975, and for other purposes. 
April 18, 1974 
[H. R.12253] 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ That, (a) as used 
in this section, the term "applicable program" means any program to 
which the General Education Provisions Act applies. 
(b) (1) Notwithstanding any other provision of law, unless enacted 
in express and specific limitation of the provisions of this section— 
(A) any funds appropriated to carry out any applicable pro-
gram for the fiscal year 1973; and 
(B) any funds appropriated to carry out any applicable pro-
gram for fiscal year 1974; 
shall remain available for obligation and expenditure until June 30, 
1975. 
(2) Nothing in this section shall be construed to approve of the 
withholding from expenditure or the delay in expenditure of any 
funds appropriated to carry out any applicable program for fiscal year 
1973 beyond the period allowed for apportionment under subsection 
(d) of section 3679 of the Revised Statutes (31 U.S.C. 665). 
SEC. 2. Paragraphs (2), (3), (4), and (5) of section 428(a) of the 
Higher Education Act of 1965, and all references thereto, are 
redesignated as paragraphs (3), (4), (5), and (6) thereof, respec-
tively, and such section 428(a) is amended by striking out paragraph 
(1) thereof and inserting in lieu thereof the following: 
"(1) Each student who has received a loan for study at an eligible 
institution— 
"(A) which is insured by the Commissioner under this part; 
Office of Edu-
cation. 
Funds, carry-
over. 
20 u s e 1226 
note. 
Definition. 
20 u s e 1221 
note. 
Student loans, 
interest subsidy 
payments. 
20 u s e 1078. 
88 
PUBLIC LAW 93-269-APR. 18, 1974 
[88 STAT. 
"(B) which was made under a State student loan program 
(meeting criteria prescribed by the Commissioner), and which 
was contracted for, and paid to the student, within the period 
specified by paragraph (5) ; or 
"(C) which is insured under a program of a State or of a non-
profit private institution or organization which was contracted 
for, and paid to the student, within the period specified in para-
graph (5), and which— 
"(i) in the case of a loan insured prior to July 1, 1967, 
was made by an eligible lender and is insured under a pro-
gram which meets the requirements of subparagraph (E) 
of subsection (b) (1) and provides that repayment of such 
loan shall be in installments beginning not earlier than sixty 
days after the student ceases to pursue a course of study (as 
described in subparagraph (D) of subsection (b)(1)) at an 
eligible institution, or 
"(ii) in the case of a loan insured after June 30, 1967, is 
insured under a program covered by an agreement made 
pursuant to subsection (b), 
shall be entitled to have paid on his behalf and for his account to 
the holder of the loan a portion of the interest on such loan at the 
time of execution of the note or written agreement evidencing such 
loan under circumstances described in paragraph (2). 
"(2) (A) Each student qualifying for a portion of an interest pay-
ment under paragraph (1) shall— 
"(i) have provided to the lender a statement from the eligible 
institution, at which the student has been accepted for enrollment, 
or at which he is in attendance in good standing (as determined 
by such institution), which— 
"(I) sets forth such student's estimated costs of attendance, 
and 
"(II) sets forth such student's estimated financial assist-
ance; and 
"(ii) meet the requirements of subparagraph (B). 
Qualifications. 
"(B) For the purposes of clause (ii) of subparagraph (A), a stu-
dent shall qualify for a portion of an interest payment under para-
graph (1) if such student's adjusted family income— 
"(i) is less than $15,000, and— 
"(I) the amount of such loan would not cause the total 
amount of the student's loans insured by the Commissioner 
under this part or by a State or nonprofit private institu-
tion or organization which has an agreement under subsection 
(b) to exceed $2,000 in any academic year, or its equivalent, 
or 
"(II) the amount of such loan would cause the total 
amounts of the loans described in clause (I) of this sub-
paragraph of that student to exceed $2,000 in any academic 
year or its equivalent, and the eligible institution has pro-
vided, with respect to the amount of such loans in excess 
of $2,000, the lender with a statement recommending the 
amount of such excess; or 
"(ii) is equal to or greater than $15,000, and the eligible 
institution has provided the lender with a statement evidencing a 
determination of need and recommending a loan in the amount of 
such need. 
Definitions. 
"(C) For the purposcs of paragraph (1) and this paragraph— 
"(i) a student's estimated cost of attendance means, for the 
period for which the loan is sought, the tuition and fees appli-
88 STAT. ] 
PUBLIC LAW 93-269-APR. 18, 1974 
89 
cable to such student together with the institution's estimate of 
other expenses reasonably related to attendance at such institu-
tion, including, but not limited to, the cost of room and board, 
reasonable commuting costs, and costs for books; 
"(ii) a student's estimated financial assistance means, for the 
period for which the loan is sought, the amount of assistance such 
student will receive under parts A, C, and E of this title, plus J^^^^^^^^^J^' 
other scholarship, grant, or loan assistance; 
"(iii) the term 'eligible institution' when used with respect 
to a student is the eligible institution at which the student has 
been accepted for enrollment or, in the case of a student who is 
in attendance at such an institution is in good standing (as deter-
mined by such institution); 
"(iv) the determination of need and the amount of a loan 
recommended by an eligible institution under subparagraph 
(B) (ii) and the amount of loans in excess of $2,000 recommended 
by an eligible institution under subparagraph (B) (i) (II) with 
respect to a student shall be determined by subtracting from the 
estimated cost of attendance at such institution the total of the 
expected family contribution with respect to such student (as 
determined by means other than one formulated by the Commis-
sioner under subpart 1 of part A of this title) plus any other 
resources or student financial assistance reasonably available to 
such student. 
"(D) In addition, the Commissioner shall pay an administrative c^sTaUotTncl^ 
cost allowance in the amount established by paragraph (3) (B) of 
this subsection with respect to loans to any student without regard to 
the borrower's need. For the purposes of this paragraph, the adjusted 
family income of a student shall be determined pursuant to regulations 
of the Commissioner in effect at the time of the execution of the note 
or written agreement evidencing the loan. Such regulations shall pro-
vide for taking into account such factors, including family size, 
as the Commissioner deems appropriate. In the absence of fraud 
by the lender, such determination of the need of a student under this 
paragraph shall be final insofar as it concerns the obligation of the 
Commissioner to pay the holder of a loan a portion of the interest on 
the loan.". 
SEC. 3. Section 428(a) of the Higher Education Act of 1965, as 
students, finan-
amended by this Act, is amended by adding at the end thereof the 
"'AJI^^^.^T'.''' 
following new paragraph: 
"(7) Nothing in this or any other Act shall be construed to pro-
hibit or require unless otherwise specifically provided by law, a 
lender to evaluate the total financial situation of a student making 
application for a loan under this part, or to counsel a student with 
respect to any such loan, or to make a decision based on such evaluation 
and counseling with respect to the dollar amount of any such loan.". 
SEC. 4. Clause (H) of paragraph 428(b) (1) of the Higher Educa-
tion Act of 1965 is amended to read as follows: 
20 use 1078. 
"(H) provides that the benefits of the loan insurance program 
will not be denied any student who is eligible for interest benefits 
under section 428(a) (1) and (2) except in the case of loans made 
by an instrumentality of a State or eligible institution;". 
SEC. 5. Section 2(a)(7) of the Emergency Insured Student Loan 
Act of 1969 is amended by striking out "July 1, 1974" and inserting 
in lieu thereof "July 1,1975". 
SEC. 6. The amendments made by section 2 shall be effective forty- 
f "us^'^iors'^* 
five days after enactment of this Act and be applicable to a loan for 
which a guarantee commitment is made on or after that date. 
Approved April 18, 1974. 
20 u s e 1078a. 
note.