eligible institution

(1) Eligible institution The term “eligible institution” means an institution of higher education that— (A) has an enrollment of needy undergraduate students; (B) has an average educational and general expenditure that is low, per full-time equivalent undergraduate student, in comparison with the average educational and general expenditure per full-time equivalent undergraduate student of institutions that offer similar instruction, except that the Secretary may apply the waiver requirements described in section 1068a(b) of this title to this subparagraph in the same manner as the Secretary applies the waiver requirements to section 1058(b)(1)(B) of this title ; (C) has an enrollment of undergraduate students that is not less than 40 percent Black American students; (D) is legally authorized to provide, and provides, within the State an educational program for which the institution of higher education awards a baccalaureate degree or, in the case of a junior or community college, an associate’s degree; (E) is accredited by a nationally recognized accrediting agency or association determined by the Secretary to be a reliable authority as to the quality of training offered or is, according to such an agency or association, making reasonable progress toward accreditation; and (F) is not receiving assistance under— (i) part B; (ii) part A of subchapter V; or (iii) an annual authorization of appropriations under the Act of March 2, 1867 ( 14 Stat. 438 ; 20 U.S.C. 123 ).


20 USC § 1059e(b)(1)

Scoping language

In this section
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