eligible institution

(2)The term “eligible institution” means— (A)an institution of higher education— (i)that has an enrollment of needy students as required by subsection (b); (ii)except as provided insection 1103a(b) of this title, the average educational and general expenditures of which are low, per full-time equivalent undergraduate student, in comparison with the average educational and general expenditures per full-time equivalent undergraduate student of institutions that offer similar instruction; (iii)that is— (I)legally authorized to provide, and provides within the State, an educational program for which the institution awards a bachelor’s degree; or (II)a junior or community college; (iv)that is accredited by a nationally recognized accrediting agency or association determined by the Secretary to be reliable authority as to the quality of training offered or that is, according to such an agency or association, making reasonable progress toward accreditation; (v)that meets such other requirements as the Secretary may prescribe; and (vi)that is located in a State; and (B)any branch of any institution of higher education described under subparagraph (A) that by itself satisfies the requirements contained in clauses (i) and (ii) of such subparagraph.

Source

20 USC § 1101a(a)(2)


Scoping language

For the purpose of this subchapter
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