Each student awarded a fellowship under this chapter shall demonstrate the potential, and a serious intention, to follow a career of educating students in secondary schools. Each institution of higher education at which such a student is in attendance shall make reasonable efforts to encourage such a student to meet the objectives of this section. Each student receiving a Fellowship under this chapter [1] shall enter into an agreement under which the recipient shall: (a) within a 5-year period after completing the education for which the fellowship was awarded, teach on a full-time basis students in secondary school for a period of not less than one year for each year for which asistance [2] was received; (b) repay all of the Fellowship assistance received plus interest at the rate of 6% per annum and, if applicable, reasonable collection fees for each school year for which assistance was received for which such recipient failed to teach as provided in paragraph (a); and (c) not be considered to be in violation of the agreement entered into during any period during which the recipient: (1) is pursuing a full-time course of study related to the field of teaching at an eligible institution; (2) is serving, not in excess of 3 years, as a member of the armed services of the United States; (3) is temporarily totally disabled for a period of time not to exceed 3 years as established by sworn affidavit of a qualified physician; (4) is unable to secure employment for a period not to exceed 12 months by reason of the care required by a spouse who is disabled; (5) is seeking and unable to find full-time employment for a single period not to exceed 12 months; or (6) is seeking and unable to find full-time employment as a teacher.
(Pub. L. 99–500, § 101(b) [title VIII, § 807], Oct. 18, 1986, 100 Stat. 1783–39, 1783–77, and Pub. L. 99–591, § 101(b) [title VIII, § 807], Oct. 30, 1986, 100 Stat. 3341–39, 3341–77.)