; 1078a et seq.). 539. Termination of authority The authority of the Secretary to issue waivers or modifications under this subtitle (except for section 538) shall expire at the conclusion of the 2017–2018 academic year. 540. Virgin Islands and Puerto Rico college access (a) Purpose It is the purpose of this section to establish a program that enables college-bound residents of the Virgin Islands and Puerto Rico to have greater choices among institutions of higher education. (b) Grants (1) In general From the total amount appropriated under subsection (o) for a fiscal year, the Secretary shall provide to each Governor for such fiscal year an amount that bears the same relation to such total amount appropriated as the population, aged 15 to 17, inclusive, in the Governor's State in the preceding fiscal year bears to the sum of the populations, aged 15 to 17, inclusive, in both the Virgin Islands and Puerto Rico, in the preceding fiscal year. Such amounts provided to each Governor shall be used to award grants to eligible institutions that enroll eligible students to pay the difference between the tuition and fees charged for in-State students and the tuition and fees charged for out-of-State students on behalf of each eligible student enrolled in the eligible institution. (2) Maximum student amounts The grant amount paid on behalf of an eligible student under this section shall be— (A) not more than $15,000 for any one award year (as defined in section 481 of the Higher Education Act of 1965 ( 20 U.S.C. 1088 ))