20 U.S.C. § 1059

Duration of grant

(a) Award period

The Secretary may award a grant to an eligible institution under this part for 5 years.

(b) Limitations

In awarding grants under this part the Secretary shall give priority to applicants who are not already receiving a grant under this part, except that for the purpose of this subsection a grant under subsection (c) and a grant under section 1068c(a)(1) of this title shall not be considered a grant under this part.

Notwithstanding subsection (a), the Secretary may award a grant to an eligible institution under this part for a period of one year for the purpose of preparation of plans and applications for a grant under this part.

(d) Wait-out-period

Each eligible institution that received a grant under this part for a 5-year period shall not be eligible to receive an additional grant under this part until 2 years after the date on which the 5-year grant period terminates.

( Pub. L. 89–329, title III, § 313 , as added Pub. L. 99–498, title III, § 301(a) , Oct. 17, 1986 , 100 Stat. 1294 ; amended Pub. L. 102–325, title III, § 302(c) , July 23, 1992 , 106 Stat. 472 ; Pub. L. 103–208, § 2(a)(6) , Dec. 20, 1993 , 107 Stat. 2457 ; Pub. L. 105–244, title III , §§ 301(c)(3), 303(c), Oct. 7, 1998 , 112 Stat. 1637 , 1639.)