Sec. 4807. Expansion for private institutions
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Subpart 4 of part I of title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1070 et seq.), as added by section 4804, is further amended by adding at the end the following: The Secretary may establish a program under which— a State that participates in section 499T may elect to carry out the grant programs under such section to students who— meet the requirements under clauses
(i)through
(iv)of subparagraph
(A)and subparagraph
(B)of subsection (e)(3) of such section; and are enrolled in nonprofit private institution of higher education in such State; and a State that participates in section 499U may elect to carry out the grant programs under such section to students who— meet the requirements under clauses
(i)through
(iv)of subparagraph
(A)and subparagraph
(B)of subsection (e)(1) of such section; and and are enrolled in nonprofit private institution of higher education in such States. The Secretary shall set eligibility standards for nonprofit private institutions of higher education which shall, at a minimum, include— benchmarks for the enrollment of low-income students; a requirement that any nonprofit private institution of higher education that participates in a grant program pursuant to this section may not reduce the funding for institutional need-based aid; or a requirement that grant amounts for students at such institutions of higher education shall not exceed grants for students with similar levels of financial need (as measured by expected family contribution) at public institutions of higher education. For the purpose of making grants under this section there are authorized to be appropriated such sums as may be necessary to carry out this section for fiscal year 2021 and each succeeding fiscal year. .
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Sec. 4807
Expansion for private institutions
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