; and (B) meeting its obligations under the 1979 Egypt-Israel Peace Treaty. (2) Economic support fund Of the funds appropriated by this Act under the heading Economic Support Fund , up to $125,000,000 may be made available for assistance for Egypt, of which up to $40,000,000 should be made available for higher education programs, including $15,000,000 for scholarships for Egyptian students with high financial need to attend not-for-profit institutions of higher education in Egypt that are currently accredited by a regional accrediting agency recognized by the United States Department of Education, or meets standards equivalent to those required for United States institutional accreditation by a regional accrediting agency recognized by such Department: Provided , That such funds shall be made available for democracy programs, and for development programs in the Sinai: Provided further , That such funds may not be made available for cash transfer assistance or budget support unless the Secretary of State certifies and reports to the appropriate congressional committees that the Government of Egypt is taking consistent and effective steps to stabilize the economy and implement market-based economic reforms. (3) Foreign military financing program (A) Certification Of the funds appropriated by this Act under the heading Foreign Military Financing Program , up to $1,300,000,000, to remain available until September 30, 2022, may be made available for assistance for Egypt: Provided , That such funds may be transferred to an interest bearing account in the Federal Reserve Bank of New York, following consultation with the Committees on Appropriations: Provided further , That 20 percent of such funds shall be withheld from obligation until the Secretary of State certifies and reports to the Committees on Appropriations that the Government of Egypt is taking, on a sustained and effective basis, the steps enumerated under this section in the report accompanying this Act: Provided further , That the certification requirement