(b)
Program elements
The national sea grant college program shall consist of the financial assistance and other activities authorized in this subchapter, and shall provide support for the following elements—
(1)
sea grant programs that comprise a national sea grant college program network, including international projects conducted within such programs and regional and national projects conducted among such programs;
(2)
administration of the national sea grant college program and this subchapter by the national sea grant office and the Administration;
(3)
the fellowship program under section
1127 of this title; and
(4)
any regional or national strategic investments in fields relating to ocean, coastal, and Great Lakes resources developed in consultation with the Board and with the approval of the sea grant colleges and the sea grant institutes.