128 STAT. 2984 Contracts. Determinations. Notification. dkrause on DSKHT7XVN1PROD with PUBLAWS Time period. VerDate Mar 15 2010 07:01 Mar 03, 2015 PUBLIC LAW 113–274—DEC. 18, 2014 (E) fails to fulfill the post-award employment obligation of the individual under this section. (h) MONITORING COMPLIANCE.—As a condition of participating in the program, a qualified institution of higher education shall— (1) enter into an agreement with the Director of the National Science Foundation, to monitor the compliance of scholarship recipients with respect to their post-award employment obligations; and (2) provide to the Director of the National Science Foundation, on an annual basis, the post-award employment documentation required under subsection (g)(1) for scholarship recipients through the completion of their post-award employment obligations. (i) AMOUNT OF REPAYMENT.— (1) LESS THAN 1 YEAR OF SERVICE.—If a circumstance described in subsection (g)(2) occurs before the completion of 1 year of a post-award employment obligation under this section, the total amount of scholarship awards received by the individual under this section shall— (A) be repaid; or (B) be treated as a loan to be repaid in accordance with subsection (j). (2) 1 OR MORE YEARS OF SERVICE.—If a circumstance described in subparagraph (D) or (E) of subsection (g)(2) occurs after the completion of 1 or more years of a post-award employment obligation under this section, the total amount of scholarship awards received by the individual under this section, reduced by the ratio of the number of years of service completed divided by the number of years of service required, shall— (A) be repaid; or (B) be treated as a loan to be repaid in accordance with subsection (j). (j) REPAYMENTS.—A loan described subsection (i) shall— (1) be treated as a Federal Direct Unsubsidized Stafford Loan under part D of title IV of the Higher Education Act of 1965 (20 U.S.C. 1087a et seq.); and (2) be subject to repayment, together with interest thereon accruing from the date of the scholarship award, in accordance with terms and conditions specified by the Director of the National Science Foundation (in consultation with the Secretary of Education) in regulations promulgated to carry out this subsection. (k) COLLECTION OF REPAYMENT.— (1) IN GENERAL.—In the event that a scholarship recipient is required to repay the scholarship award under this section, the qualified institution of higher education providing the scholarship shall— (A) determine the repayment amounts and notify the recipient and the Director of the National Science Foundation of the amounts owed; and (B) collect the repayment amounts within a period of time as determined by the Director of the National Science Foundation, or the repayment amounts shall be treated as a loan in accordance with subsection (j). (2) RETURNED TO TREASURY.—Except as provided in paragraph (3), any repayment under this subsection shall be returned to the Treasury of the United States. Jkt 049139 PO 00274 Frm 00014 Fmt 6580 Sfmt 6581 E:\PUBLAW\PUBL274.113 PUBL274