A.
General
Except as provided in subsections B and C of this section, an
educational institution, in providing financial assistance to any of its
students shall not:
(1) On the basis
of sex, provide different amount of types of such assistance, limit eligibility
for such assistance which is of any particular type or source, apply different
criteria, or otherwise discriminate;
(2) Apply any rule concerning eligibility for
such assistance which treats persons of one sex differently from persons of the
other sex with regard to marital or parental status.
B.
Financial Aid Established by Certain
Legal Instruments
An educational institution may administer or assist in the
administration of scholarships, fellowships, or other forms of financial
assistance established pursuant to domestic or foreign wills, trusts, bequests,
or similar legal instruments or by acts of a foreign government which requires
that awards be made to members of a particular sex specified therein; provided
that the aggregate of all the awards of such sex-restricted scholarships,
fellowships, and other forms of financial assistance does not discriminate on
the basis of sex.
C.
Athletic Scholarships
(1) To the
extent that an educational institution awards athletic scholarships or
grants-in-aid, it must provide reasonable opportunities for such awards for
members of each sex in proportion to the number of students of each sex
participating in interscholastic or intercollegiate athletics.
(2) Separate athletic scholarships or
grants-in-aid for members of each sex may be provided as part of separate
athletic teams for members of each sex to the extent consistent with this
section.
