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OCR Page 1 of 43/
S.L.C.
O:\BAI\BAI98.B83
307
1
stitution elects not to participate in the disburse-
2
ment system required by paragraph (1).
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"(3) DESIGNATION.-Grants made under this
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subpart shall be known as 'farmer opportunity
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grants'.
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"(4) AMOUNTS.-To carry out this subpart
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there shall be transferred the following amounts
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from the Tobacco Transition Account:
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"(A) $42,500,000 for each of the academic
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years 1999-2000 through 2003-2004.
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"(B) $50,000,000 for each of the academic
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years 2004-2005 through 2008-2009.
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"(C) $57,500,000 for each of the academic
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years 2009-2010 through 2013-2014.
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"(D) $65,000,000 for each of the academic
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years 2014-2015 through 2018-2019.
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"(E) $72,500,000 for each of the academic
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years 2019-2020 through 2023-2024.
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"(b) AMOUNT OF GRANTS.-
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"(1) AMOUNTS.-
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"(A) IN GENERAL.-The amount of the
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grant for a student eligible under this subpart
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shall be-
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