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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 20 U.S.C. § 5203 Expenditure and audit of trust fund us united_states_code code_section 20 EDUCATION 63 EISENHOWER EXCHANGE FELLOWSHIP PROGRAM 5203 20 U.S.C. § 5203 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/s5203 data/legal/raw/us/code/title-20/usc20.xml 8e612849af79b202e4ddf3a4414a6882b13a7570dc12e96d13e80def42a74451 6022872c5d6a3398d1728f82f8cefcb58db9f5ff548e2a636450be1e4a8bb052 b13cb202140e96a4de1868a8ddc345c23bf8ded7d4a4030a4ed793e80f387175 2026-07-04 official
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20 U.S.C. § 5203 - Expenditure and audit of trust fund

Text

(a) Authorization of funding For each fiscal year, there is authorized to be appropriated from the fund to Eisenhower Exchange Fellowships, Incorporated, the interest and earnings of the fund.

(b) Access to books, records, etc., by Government Accountability Office The activities of Eisenhower Exchange Fellowships, Incorporated, may be audited by the Government Accountability Office under such rules and regulations as may be prescribed by the Comptroller General of the United States. The representatives of the Government Accountability Office shall have access to all books, accounts, records, reports, and files and all other papers, things, or property belonging to or in use by Eisenhower Exchange Fellowships, Incorporated, pertaining to such activities and necessary to facilitate the audit.

(Pub. L. 101454, § 4, Oct. 24, 1990, 104 Stat. 1064; Pub. L. 108271, § 8(b), July 7, 2004, 118 Stat. 814.)

Notes

Editorial Notes

Amendments2004—Subsec. (b). Pub. L. 108271 substituted “Government Accountability Office” for “General Accounting Office” in heading and in two places in text.

Statutory Notes and Related Subsidiaries

Use of Earned Unused Trust Income for Fellowship PurposesPub. L. 104134, title I, § 101[(a)] [title IV, § 407], Apr. 26, 1996, 110 Stat. 1321, 132145; renumbered title I, Pub. L. 104140, § 1(a), May 2, 1996, 110 Stat. 1327, provided in part that: “notwithstanding any other provision of law, Eisenhower Exchange Fellowships, Incorporated, may use one-third of any earned but unused trust income from the period 1992 through 1995 for Fellowship purposes in each of fiscal years 1996 through 1998.”