20 U.S.C. § 1132d-2
Section 1132d-2 · Apportionment
Amended 1 time on record
Not more than 12.5 percent of the amount of the funds provided for in this part in the form of loans shall be made available to educational institutions within any one State.
In awarding loans under this part, the Secretary shall give priority—
(1) to loans for renovation or reconstruction of undergraduate and graduate academic facilities; and
(2) to loans for renovation or reconstruction of older undergraduate and graduate academic facilities that have gone without major renovation or reconstruction for an extended period.
Editorial notes U.S. Code · Office of the Law Revision Counsel
Prior Provisions
A prior section 1132d 2, Pub. L. 89 329, title VII, §733, as added Pub. L. 99 498, title VII, §701, Oct. 17, 1986, 100 Stat. 1527; amended Pub. L. 100 50, §19(4), June 3, 1987, 101 Stat. 360, related to revolving loan fund, prior to the general revision of this part by Pub. L. 102 325.
Another prior section 1132d 2, Pub. L. 89 329, title VII, §733, as added Pub. L. 96 374, title VII, §701, Oct. 3, 1980, 94 Stat. 1476, related to revolving loan and insurance fund, prior to the general revision of this subchapter by Pub. L. 99 498.
Another prior section 1132d 2, Pub. L. 89 329, title VII, §763, as added Pub. L. 92 318, title I, §161(a), June 23, 1972, 86 Stat. 300, related to grants for the purchase of equipment and supplies, prior to the general revision of this subchapter by Pub. L. 96 374.