20 U.S.C. § 1057
Section 1057 · Program purpose
Viewing 20 U.S.C. § 1057 as in effect on June 3, 1987. The text changed in 2 later editions (most recent August 14, 2008).
View current version →The Secretary shall carry out a program, in accordance with this part, to improve the academic quality, institutional management, and fiscal stability of eligible institutions, in order to increase their self-sufficiency and strengthen their capacity to make a substantial contribution to the higher education resources of the Nation.
(1) From the sums available for this part under section 1069f(a)(1) of this title, the Secretary may award grants to any eligible institution with an application approved under section 1066 of this title in order to assist such an institution to plan, develop, or implement activities that promise to strengthen the institution.
(2) Special consideration shall be given to any eligible institution—
(A) which has endowment funds (other than any endowment fund built under section 1065 of this title as in effect on September 30, 1986, and under part B of this subchapter) the market value of which, per full-time equivalent student, is less than the average current market value of the endowment funds, per full-time equivalent student (other than any endowment fund built under section 1065 of this title as in effect on September 30, 1986, and under part B of this subchapter) at similar institutions; or
(B) which has expenditures per full-time equivalent student for library materials which is less than the average of the expenditures for library materials per full-time equivalent student by other similarly situated institutions.
(3) Special consideration shall be given to applications which propose, pursuant to the institution's plan, to engage in—
(A) faculty development;
(B) funds and administrative management;
(C) development and improvement of academic programs;
(D) acquisition of equipment for use in strengthening funds management and academic programs;
(E) joint use of facilities such as libraries and laboratories; and
(F) student services.
Editorial notes U.S. Code · Office of the Law Revision Counsel
Prior Provisions
A prior section 1057, Pub. L. 89 329, title III, §311, as added Pub. L. 96 374, title III, §301, Oct. 3, 1980, 94 Stat. 1391, enumerated purposes and established grant authority for program to strengthen eligible institutions, prior to the general revision of this subchapter by Pub. L. 99 498.
Amendments
1987—Subsec. (b)(1). Pub. L. 100 50 substituted “section 1069f(a)(1) of this title” for “section 1069d(a)(1) of this title”.
Effective Date of 1987 Amendment
Amendment by Pub. L. 100 50 effective as if enacted as part of the Higher Education Amendments of 1986, Pub. L. 99 498, see section 27 of Pub. L. 100 50, set out as a note under section 1001 of this title.