Sec. 2501. Declaration of policy. (a) Recognition. (b) Commitment. (c) National goal. (d) Educational needs. (e) Federal relations. (f) Termination. 2502. Grants authorized. (a) In general. (b) Limitations. (c) Limitation on transfer of funds among school sites. (d) No requirement to accept grants. (e) No effect on Federal responsibility. (f) Retrocession. (g) Prohibition on termination for administrative convenience. 2503. Composition of grants. (a) In general. (b) Special rules. 2504. Eligibility for grants. (a) Rules. (b) Additional requirements for Bureau-funded schools and certain electing schools. (c) Additional requirements for a school which is not a Bureau-funded school. (d) Filing of applications and reports. (e) Effective date for approved applications. (f) Denial of applications. (g) Report. 2505. Duration of eligibility determination. (a) In general. (b) Annual reports. (c) Revocation of eligibility. (d) Applicability of section pursuant to election under section 2507 (b). 2506. Payment of grants; investment of funds. (a) Payments. (b) Investment of funds. (c) Recoveries. 2507. Application with respect to Indian Self-Determination and Education Assistance Act. (a) Certain provisions to apply to grants. (b) Election for grant in lieu of contract. (c) No duplication. (d) Transfers and carryovers. (e) Exceptions, problems, and disputes. 2508. Role of the Director. 2509. Regulations. 2510. The tribally controlled grant school endowment program. (a) In general. (b) Interest. 2511. Definitions.