---
kind: "section"
citation: "34 C.F.R. § 657.31"
title: "34"
number: "657.31"
heading: "What is the payment procedure for fellowships?"
url: "https://uscodex.org/cfr/34/657.31"
---

# §657.31. What is the payment procedure for fellowships?

- (a) An institution must award a stipend to fellowship recipients.
- (b) An institution must pay the stipend and any other allowances to the fellow in installments during the term of the academic year fellowship.
- (c) An institution may make a payment only to a fellow who is in good academic standing and is making satisfactory progress.
- (d) The institution must make appropriate adjustments of any overpayment or underpayment to a fellow.
- (e) Any payments made for less than the full duration of a fellowship must be prorated to reflect the actual duration of the fellowship.

## Notes

### Authority

Authority: 20 U.S.C. 1122 and 1132-3, unless otherwise noted.

### Source

Source: 89 FR 68763, Aug. 27, 2024, unless otherwise noted.