Page:United States Statutes at Large Volume 112 Part 2.djvu/924

 112 STAT. 1808 PUBLIC LAW 105-244 —OCT. 7, 1998 Deadline. (b) REPORT. —The Comptroller GenergJ shall submit a report regarding the results of the study to the Committee on Labor and Human Resources of the Senate and the Committee on Education and the Workforce of the House of Representatives. SEC. 806. STUDY OP THE EFFECTIVENESS OF COHORT DEFAULT RATES FOR INSTITUTIONS WITH FEW STUDENT LOAN BORROW- ERS. (a) STUDY REQUIRED.— The Secretary of Education shall conduct a study of the effectiveness of cohort default rates as an indicator of administrative capability and program quality for institutions of higher education at which less than 15 percent of students eligible to borrow participate in the Federal student loan programs under title IV of the Higher Education Act of 1965 and fewer than 30 borrowers enter repa3rment in any fiscal year. At a minimum, the study shall include— (1) identification of the institutions included in the study and of the student populations the institutions serve; (2) analysis of cohort default rates as indicators of administrative shortcomings and program quality at the institutions; (3) analysis of the effectiveness of cohort default rates as a means to prevent fraud and abuse in the programs assisted under such title; (4) analysis of the extent to which the institutions with high cohort default rates are no longer participants in the Federal student loan programs under such title; and (5) analysis of the costs incurred by the Department of Education for the calculation, publication, correction, and appeal of cohort default rates for the institutions in relation to any benefits to taxpayers. (b) CONSULTATION.— In conducting the study described in subsection (a), the Secretary of Education shall consult with institutions of higher education. (c) REPORT TO CONGRESS.— The Secretary of Education shall report to the Committee on Labor and Humsin Resources of the Senate and the Committee on Education and the Workforce of the House of Representatives not later than September 30, 1999, regarding the results of the study described in subsection (a). PART B—ADVANCED PLACEMENT INCENTIVE PROGRAM 20 USC 1070a- 11 note. SEC. 810. ADVANCED PLACEMENT INCENTIVE PROGRAM. (a) PROGRAM ESTABLISHED.— The Secretary of Education is authorized to make grants to States having applications approved under subsection (c) to enable the States to reimburse low-income individuals to cover part or all of the cost of advanced placement test fees, if the low-income individuals— (1) are enrolled in an advanced placement class; and (2) plan to take an advanced placement test. (b) INFORMATION DISSEMINATION.—The State educational agency shall disseminate information regarding the availability of test fee payments under this section to eligible individuals through secondary school teachers and guidance counselors. (c) REQUIREMENTS FOR APPROVAL OF APPLICATIONS.—In approving applications for grants the Secretary of Education shall—

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