Title 20 — EducationRelease 119-73
§5205 Use of income on endowment
Title 20 › Chapter CHAPTER 63— - EISENHOWER EXCHANGE FELLOWSHIP PROGRAM › § 5205
Summary
Each year Eisenhower Exchange Fellowships, Inc. chooses, it must use part of its funding to offer agricultural exchange fellowships for U.S. and foreign farmers. Of the money spent on U.S. fellowships, at least 10 percent must be set aside for U.S. minority individuals.
Full Legal Text
Title 20, §5205
Education — Source: USLM XML via OLRC
(a)
(c)For any fiscal year, as may be determined by Eisenhower Exchange Fellowships, Incorporated, a portion of the amounts made available to Eisenhower Exchange Fellowships, Incorporated, pursuant to section 5203(a) of this title shall be used to provide fellowships for agricultural exchange programs for farmers from the United States and foreign countries.
(d)In order to ensure that the United States fellows participating in programs of the Eisenhower Exchange Fellowships, Incorporated, are representative of the cultural, ethnic, and racial diversity of the American people, of the amounts made available to Eisenhower Exchange Fellowships, Incorporated, pursuant to section 5203(a) of this title which are obligated and expended for United States fellowship programs, not less than 10 percent shall be available only for participation by individuals who are representative of United States minority populations.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Amendments
1996—Subsec. (a). Pub. L. 104–134 struck out heading and text of subsec. (a). Text read as follows: “For any fiscal year, not less than 50 percent of the amounts made available to Eisenhower Exchange Fellowships, Incorporated, pursuant to section 5203(a) of this title shall be available only to assist United States fellows in traveling to and studying in emerging European democracies.” Subsec. (b). Pub. L. 104–134 struck out heading and text of subsec. (b). Text read as follows: “For any fiscal year, not more than 50 percent of the amounts made available to Eisenhower Exchange Fellowships, Incorporated, pursuant to section 5203(a) of this title shall be available to assist foreign fellows in traveling to and studying in the United States.”
Reference
Citations & Metadata
Citation
20 U.S.C. § 5205
Title 20 — Education
Last Updated
Apr 6, 2026
Release point: 119-73