§ 1070a-15. Postbaccalaureate achievement program authority
(a)
Program authority
The Secretary shall carry out a program to be known as the “Ronald E. McNair Postbaccalaureate Achievement Program” that shall be designed to provide disadvantaged college students with effective preparation for doctoral study.
(b)
Required services
A project assisted under this section shall provide—
(c)
Permissible services
A project assisted under this section may provide services such as—
(1)
education or counseling services designed to improve the financial literacy and economic literacy of students, including financial planning for postsecondary education;
(d)
Requirements
In approving applications for projects assisted under this section for any fiscal year, the Secretary shall require—
(1)
an assurance that not less than two-thirds of the individuals participating in the project proposed to be carried out under any application be low-income individuals who are first generation college students;
(2)
an assurance that the remaining persons participating in the project proposed to be carried out be from a group that is underrepresented in graduate education, including—
(3)
an assurance that participants be enrolled in a degree program at an eligible institution having an agreement with the Secretary in accordance with the provisions of section
1094 of this title; and
(e)
Award considerations
In addition to such other selection criteria as may be prescribed by regulations, the Secretary shall consider in making awards to institutions under this section—
(f)
Maximum stipends
Students participating in research under a project under this section may receive an award that—