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LegalText 20 U.S.C. § 1095 Transfer of allotments us united_states_code code_section 20 EDUCATION 28 HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE 1095 20 U.S.C. § 1095 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc20@119-100.zip /us/usc/t20/s1095 data/legal/raw/us/code/title-20/usc20.xml e6d05d091fcc16bf1107b901be850282ec55af7a25325b20a970bb1dd5cab57d 6022872c5d6a3398d1728f82f8cefcb58db9f5ff548e2a636450be1e4a8bb052 643fad4889bff9f9413c4524aa5b3e585a9f126c028f36dc08ba9972c85447d5 2026-07-04 official
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20 U.S.C. § 1095 - Transfer of allotments

Text

In order to offer an arrangement of types of aid, including institutional and State aid which best fits the needs of each individual student, an institution may (1) transfer a total of 25 percent of the institutions 11 So in original. Probably should be “institutions”. allotment under section 1087bb of this title to the institutions allotment under section 1070b3 or 108752 of this title (or both); (2) transfer 25 percent of the institutions allotment under section 108752 of this title to the institutions allotment under section 1070b3 or 1087bb of this title (or both); and (3) transfer 25 percent of the institutions allotment under section 1070b3 of this title to the institutions allotment under section 108752 of this title. Funds transferred to an institutions allotment under another section may be used as a part of and for the same purposes as funds allotted under that section. The Secretary shall have no control over such transfer, except as specifically authorized, except for the collection and dissemination of information.

(Pub. L. 89329, title IV, § 488, as added Pub. L. 99498, title IV, § 407(a), Oct. 17, 1986, 100 Stat. 1490; amended Pub. L. 10050, § 15(14), June 3, 1987, 101 Stat. 357; Pub. L. 102325, title IV, § 492, July 23, 1992, 106 Stat. 630; Pub. L. 110315, title IV, § 494A, Aug. 14, 2008, 122 Stat. 3319.)

Notes

Editorial Notes

Prior ProvisionsA prior section 1095, Pub. L. 89329, title IV, § 488, as added Pub. L. 96374, title IV, § 451(a), Oct. 3, 1980, 94 Stat. 1452, related to transfer of allotments, prior to the general revision of this part by Pub. L. 99498.

Amendments2008—Pub. L. 110315 struck out “and” after semicolon in par. (1), substituted “section 1070b3 or 1087bb of this title (or both); and” for “section 1070b3 of this title.” in par. (2), and added par. (3). 1992—Pub. L. 102325 inserted first two sentences and struck out former first sentence which read as follows: “Up to 10 percent of the allotment of an eligible institution for a fiscal year under section 1070b3 or 108752 of this title, may be transferred to, and used for the purposes of, the institutions allotment under the other section within the discretion of such institution in order to offer an arrangement of types of aid, including institutional and State aid, which best fits the needs of each individual student.” 1987—Pub. L. 10050 substituted “or 108752” for “or 108756”.

Statutory Notes and Related Subsidiaries

Effective Date of 1992 AmendmentAmendment by Pub. L. 102325 to this section, relating to transfers of allotments, applicable with respect to funds provided for award years beginning on or after July 1, 1993, see section 498 of Pub. L. 102325, set out as a note under section 1088 of this title.

Effective Date of 1987 AmendmentAmendment by Pub. L. 10050 effective as if enacted as part of the Higher Education Amendments of 1986, Pub. L. 99498, see section 27 of Pub. L. 10050, set out as a note under section 1001 of this title.