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Current as of January 02, 2025 | Updated by Findlaw Staff
(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.
(Authority: 20 U.S.C. 1122)
Cite this article: FindLaw.com - Code of Federal Regulations Title 34. Education § 34.657.32 What is the payment procedure for fellowships? - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-34-education/cfr-sect-34-657-32/
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