Here is a summary link: http://www.bsu.edu/library/article/0,,14550--,00.html
For a full report, go to this LINK and then to Page 49 (Appendix A)
Notable elements of these Guidelines:
Teachers can use the project for up to 2 years for educational purposes after the first use in instruction.
Both teachers and students can use it in a professional portfolio for personal reasons without the 2 year time limit.
Motion Media - 10% or 3 minutes whichever is less
Text Material Limitations - 10% or up to 1000 words whichever is less
Music Lyrics Music Video - 10% no more than 30 seconds
Illustrations - can use entire image but no more than 5 by same publisher or 10%/15 of a collection.
A disclaimer mustbe placed at the beginning of the multimedia project that incorporates copyrighted works (the first screen) and all accompanying materials that reads: "Certain materials are included under the fair use exemption of the U.S. Copyright Law and have been prepared according to the educational multi-media fair use guidelines and are restricted from further use.”