Each student awarded a fellowship shall receive a stipend which shall not exceed the cost to the student for tuition, fees, books, room and board , or $12,000, whichever is less, for each academic year of study. ( Pub. L. 99–500, § 101(b) [title VIII, § 809] , Oct. 18, 1986 , 100 Stat. 1783–39 , 1783–78, and Pub. L. 99–591, § 101(b) [title VIII, § 809] , Oct. 30, 1986 , 100 Stat. 3341–39 , 3341–78.) Editorial Notes Codification Pub. L. 99–591 is a corrected version of Pub. L. 99–500 . CFR Title Parts 45 2400