Sec. 2. Allocation and use of campus-based higher education assistance

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In this section: The term affected area means an area for which the President declared a major disaster or an emergency under section 401 or 501, respectively, of the Robert T. Stafford Disaster Relief and Emergency Assistance Act ( 42 U.S.C. 5170 and 5191) as a result of Hurricane Harvey, Hurricane Irma, Hurricane Maria, Tropical Storm Harvey, Tropical Storm Irma, or Tropical Storm Maria. The term affected student means an individual who has applied for or received student financial assistance under title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1070 et seq.), and who— was enrolled or accepted for enrollment on August 25, 2017, at an institution of higher education that is located in an affected area; is a dependent student who was enrolled or accepted for enrollment on August 25, 2017, at an institution of higher education that is not located in an affected area, but whose parent or parents resided or was employed on August 25, 2017, in an affected area; or suffered direct economic hardship as a direct result of Hurricane Harvey, Hurricane Irma, Hurricane Maria, Tropical Storm Harvey, Tropical Storm Irma, or Tropical Storm Maria, as determined by the Secretary.

The term institution of higher education has the meaning given the term in section 102 of the Higher Education Act of 1965 ( 20 U.S.C. 1002 ). The term Secretary means the Secretary of Education. Notwithstanding sections 413C(a)(2) and 443(b)(5) of the Higher Education Act of 1965 ( 20 U.S.C. 1070b–2(a)(2) and 1087–53(b)(5)), with respect to funds made available for award years 2016–2017 and 2017–2018— in the case of an institution of higher education that is located in an affected area, the Secretary shall waive the requirement that a participating institution of higher education provide a non-Federal share to match Federal funds provided to the institution for the programs authorized pursuant to subpart 3 of part A and part C of title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1070b et seq. and 1087–51 et seq.); and in the case of an institution of higher education that is not located in an affected area but has enrolled or accepted for enrollment any affected students, the Secretary may waive the non-Federal share requirement described in subparagraph

(A)after considering the institution’s student population and existing resources. Notwithstanding sections 413D(d) and 442(d) of the Higher Education Act of 1965 ( 20 U.S.C. 1070b–3(d) and 1087–52(d)), the Secretary shall— reallocate any funds returned under such section 413D or 442 of the Higher Education Act of 1965 that were allocated to institutions of higher education for award year 2016–2017 to an institution of higher education that is eligible under subparagraph (B); and waive the allocation reduction for award year 2018–2019 for an institution of higher education that is eligible under subparagraph

(B)returning more than 10 percent of its allocation under such section 413D or 442 of the Higher Education Act of 1965 for award year 2017–2018. An institution of higher education is eligible under this subparagraph if the institution— participates in the program for which excess allocations are being reallocated; and is located in an affected area; or has enrolled or accepted for enrollment any affected students in award year 2017–2018. The Secretary shall— determine the manner in which excess allocations will be reallocated pursuant to this paragraph; and give preference in making reallocations to the needs of institutions of higher education located in an affected area. Notwithstanding any other provision of law, in order to carry out this paragraph, the Secretary may waive or modify any statutory or regulatory provision relating to the reallocation of excess allocations under subpart 3 of part A or part C of title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1070b et seq. and 1087–51 et seq.) in order to ensure that assistance is received by institutions of higher education that are eligible under subparagraph (B). Notwithstanding any other provision of law— any funds available to the Secretary under sections 413A and 441 of the Higher Education Act of 1965 ( 20 U.S.C. 1070b and 1087–51) for which the period of availability would otherwise expire on September 30, 2017, shall be available for obligation by the Secretary until September 30, 2018, for the purposes of the programs authorized pursuant to subpart 3 of part A and part C of title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1070b et seq. and 1087–51 et seq.); and the Secretary may recall any funds allocated to an institution of higher education for award year 2016–2017 under section 413D or 442 of the Higher Education Act of 1965 ( 20 U.S.C. 1070b–3 and 1087–52), that, if not returned to the Secretary as excess allocations pursuant to either of those sections, would otherwise lapse on September 30, 2017, and reallocate those funds in accordance with paragraph (2)(A). This section is designated as an emergency requirement pursuant to section 4(g) of the Statutory Pay-As-You-Go Act of 2010 (title I of Public Law 111–139 ; 2 U.S.C. 933(g) ). Not later than October 1, 2018, the Secretary shall submit to the Committee on Health, Education, Labor, and Pensions of the Senate and the Committee on Education and the Workforce of the House of Representatives information on— the total volume of assistance received by each eligible institution of higher education under subsection (b)(2); and the total volume of the non-Federal share waived for each institution of higher education under subsection (b)(1). The provisions of subsection

(b)shall cease to be effective on September 30, 2018.

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