(a) Yes, according to criteria and rates established by the Secretary, Job Corps students receive cash living allowances, performance bonuses, and allotments for care of dependents, and graduates receive post-separation readjustment allowances and placement bonuses. The Secretary may provide former students with post-separation allowances.

(b) In the event of a student’s death, any amount due under this section is paid according to the provisions of 5 U.S.C. § 5582 governing issues such as designation of beneficiary, order of precedence and related matters.