§ 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) of this section and a grant under section
1068c
(a)(1) of this title shall not be considered a grant under this part.
(c)
Planning grants
Notwithstanding subsection (a) of this section, 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.