Page:United States Statutes at Large Volume 100 Part 2.djvu/435

 PUBLIC LAW 99-498—OCT. 17, 1986

100 STAT. 1537

but the Secretary may waive the application of this subsection in cases or classes of cases where laborers or mechanics, not otherwise employed at any time in the construction of such project, voluntarily donate their services without full compensation for the purpose of lowering the costs of construction and the Secretary determines that any amounts saved thereby are fully credited to the educational institution undertaking the construction. "(i) LIMITATION.—No loan may be made under this part for any facility on the campus of any undergraduate postsecondary educational institution until 10 years after the date on which a previous loan for another facility on such campus was made under this part. "APPORTIONMENT; PRIORITIES

"SEC. 763. (a) APPORTIONMENT.—Not more than 12.5 percent of the amount of the funds provided for in this part in the form of loans shall be made available to educational institutions within any one State.

20 USC ii32g-2. .-•>,'! eiYj

"(b) PRIORITIES.—In awarding loans under this part, the Secretary shall give priority— "(1) to loans for renovation or reconstruction of undergraduate academic facilities; and .,. "(2) to loans for renovation or reconstruction of older undergraduate academic facilities and undergraduate academic facilities that have gone without major renovation or reconstruction for an extended period. "DEFINITIONS

"SEC. 764. For the purpose of this part: "(a) HOUSING.—The term 'housing' means— "(1) new or existing structures suitable for dwelling use, including single-room dormitories and apartments; and "(2) dwelling facilities provided for rehabilitation, alteration, conversion, or improvement of existing structures which are otherwise inadequate for the proposed dwelling use. "(b) EDUCATIONAL INSTITUTION.—The term 'undergraduate postsecondary educational institution' means— "(1)(A) any educational institution which offers, or provides satisfactory assurance to the Secretary that it will offer within a reasonable time after completion of a facility for which assistance is requested under this part, at least a 2-year program -;.^, acceptable for full credit toward a baccalaureate degree (including any public educational institution, or any private educational institution no part of the net earnings of which inures to the benefit of any private shareholder or individual); or "(B) any public educational institution which— "(i) is administered by a college or university which is accredited by a nationally recognized accrediting agency or association; "(ii) offers technical or vocational instruction; and "(iii) provides residential facilities for some or all of the students receiving such instruction; "(2) any hospital operating a school of n u r s i n g beyond the level of high school approved by the appropriate State authority, or any hospital approved for internships, by recognized authority, if such hospital is either a public hospital or a private

20 USC ii32g-3.

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