34 C.F.R. § 657.32 What is the payment procedure for fellowships?
Title 34 - Education
(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)
Title 34: Education
PART 657—FOREIGN LANGUAGE AND AREA STUDIES FELLOWSHIPS PROGRAM
Subpart D—What Conditions Must Be Met by a Grantee and a Fellow?
§ 657.32 What is the payment procedure for fellowships?