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/ S.L.C. O:\BAI\BAI98.B83 307 1 stitution elects not to participate in the disburse- 2 ment system required by paragraph (1). 3 "(3) DESIGNATION.-Grants made under this 4 subpart shall be known as 'farmer opportunity 5 grants'. 6 "(4) AMOUNTS.-To carry out this subpart 7 there shall be transferred the following amounts 8 from the Tobacco Transition Account: 9 "(A) $42,500,000 for each of the academic 10 years 1999-2000 through 2003-2004. 11 "(B) $50,000,000 for each of the academic 12 years 2004-2005 through 2008-2009. 13 "(C) $57,500,000 for each of the academic 14 years 2009-2010 through 2013-2014. 15 "(D) $65,000,000 for each of the academic 16 years 2014-2015 through 2018-2019. 17 "(E) $72,500,000 for each of the academic 18 years 2019-2020 through 2023-2024. 19 "(b) AMOUNT OF GRANTS.- 20 "(1) AMOUNTS.- 21 "(A) IN GENERAL.-The amount of the 22 grant for a student eligible under this subpart 23 shall be-