Page:United States Statutes at Large Volume 106 Part 1.djvu/641

 PUBLIC LAW 102-325—JULY 23, 1992 106 STAT. 609 20 USC 1087kk note. "(B) If the institutional expense covered by the prepayment must be part of the student's cost of attendcince for accounting purposes, the prepayment shall be considered estimated financial assistsmce.". (b) EFFECTIVE DATE FOB AMENDMENT TO PART F.— The changes made in part F of title IV of the Act by the amendment made by this section shall apply with respect to determinations of need under such part F for award years beginning on or after July 1, 1993. PART G—GENERAL PROVISIONS SEC. 481. DEFDOnONS. (a) INSTITUTION OF HIGHER EDUCATION. — Section 481 of the Act (20 U.S.C. 1088(a)) is amended by striking the heading of such section and subsection (a) and inserting the following: '<SEC. 481. DEFmrnoNS. "(a) INSTITUTION OF HIGHER EDUCATION.— (1) Subject to paragraphs (2) through (4) of this subsection, the term 'institution of higher education' for purposes of this title includes, in addition to the institutions covered by the definition in section 1201(a)— "(A) a proprietary institution of higher education; outside the United States which is comparable to an institution of higher education as defined in section 1201(a) and which has been approved by the Secretary for the purpose of part B. "(2)(A) For the purpose of quaUfying as an institution under Regulations. paragraph (1)(C) of this subsection, the Secretary shall establish criteria by regulation for the approval of institutions outside the United States and for the determination that such institutions are comparable to an institution of higher education as defined in section 1201(a). In the case of a graduate medical school outside the United States, such criteria shall include a requirement that a student attending a graduate medical school outside the United States is ineligible for loans made, insured, or guaranteed under part B of this title unless— "(i)(I) at least 60 percent of those enrolled and at least 60 percent of the graduates of the graduate medical school outside the United States were not persons described in section 484(a)(5) in the yesir preceding the year for which a student is seeking a loan under part B of this title; and "(II) at least 60 percent of the individuals who were students or graduates of the graduate medical school outside the United States (both nation^s of the United States and others) taking the examinations administered by the Educational Commission for Foreign Medical Graduates received a passing score in the year preceding the year for which a student is seeking a loan under part B of this title; or "(ii) the institution's clinical training program was approved by a State as of January 1, 1992. "(B) For the purpose of quaUfying as an institution under paragraph (1)(C), the Secretary shall establish an advisory panel of medical experts which shall— "(i) evaluate the standards of accreditation applied to applicant foreign medical schools; and 59-1S4 O—93 21: QL 3 (Pt. 1)
 * (B) a postsecondary vocational institution; and
 * (C) only for the purposes of part B of this title, an institution

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