34 U.S.C. § 12574
Scholarships
(a) Period of award
Scholarships awarded under this part shall be for a period of 1 academic year.
(b) Use of scholarships
Each individual awarded a scholarship under this part may use the scholarship for educational expenses at an institution of higher education.
( Pub. L. 103–322, title XX, § 200205 , Sept. 13, 1994 , 108 Stat. 2059 .)