§ 3517. WAIVER AUTHORITY AND REPORTING REQUIREMENT FOR INSTITUTIONAL AID.

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Waiver Authority .— Notwithstanding any other provision of the Higher Education Act of 1965 ([20] U.S.C. 1001 et seq.), unless enacted with specific reference to this section, for any institution of higher education that was receiving assistance under title III, title V, or subpart 4 of part A of title VII of such Act ( 20 U.S.C. 1051 et seq.; 1101 et seq.; 1136a et seq.) at the time of a qualifying emergency, the Secretary may, for the period beginning on the first day of the qualifying emergency and ending on September 30 of the fiscal year following the end of the qualifying emergency— waive— the eligibility data requirements set forth in section 391(d) and 521(e) of the Higher Education Act of 1965 ( 20 U.S.C. 1068(d) ; 1103(e)); the wait-out period set forth in section 313(d) of the Higher Education Act of 1965 ( 20 U.S.C. 1059(d) ); the allotment requirements under paragraphs

(2)and

(3)of subsection [sic] 318(e) of the Higher Education Act of 1965 ( 20 U.S.C. 1059e(e) ), and the reference to ‘the academic year preceding the beginning of that fiscal year’ under such section 318(e)(1); the allotment requirements under subsections (b), (c), and

(g)of section 324 of the Higher Education Act of 1965 ( 20 U.S.C. 1063 ), the reference to ‘the end of the school year preceding the beginning of that fiscal year’ under such section 324(a), and the reference to ‘the academic year preceding such fiscal year’ under such section 324(h); subparagraphs (A), (C), (D), and

(E)of section 326(f)(3) of the Higher Education Act of 1965 ( 20 U.S.C. 1063b(f)(3) ), and references to ‘previous year’ under such section 326(f)(3)(B); subparagraphs (A), (C), (D), and

(E)of section 723(f)(3) and subparagraphs (A), (C), (D), and

(E)of section 724(f)(3) of the Higher Education Act of 1965 ( 20 U.S.C. 1136a(f)(3) ; 1136b(f)(3)), and references to ‘previous academic year’ under subparagraph

(B)of such sections 723(f)(3) and 724(f)(3); and the allotment restriction set forth in section 318(d)(4) and section 323(c)(2) of the Higher Education Act of 1965 ( 20 U.S.C. 1059e(d)(4) ; 1062(c)(2)); and waive or modify any statutory or regulatory provision to ensure that institutions that were receiving assistance under title III, title V, or subpart 4 of part A of title VII of such Act ( 20 U.S.C. 1051 et seq.; 1101 et seq.; 1136a et seq.) at the time of a qualifying emergency are not adversely affected by any formula calculation for fiscal year 2020 and for the period beginning on the first day of the qualifying emergency and ending on September 30 of the fiscal year following the end of the qualifying emergency, as necessary. Use of Unexpended Funds .— Any funds paid to an institution under title III, title V, or subpart 4 of part A of title VII of the Higher Education Act of 1965 ( 20 U.S.C. 1051 et seq.; 1101 et seq.; 1136a et seq.) and not expended or used for the purposes for which the funds were paid to the institution during the 5-year period following the date on which the funds were first paid to the institution, may be carried over and expended during the succeeding 5-year period. Report .— Not later than 180 days after the date of enactment of this Act [ Mar. 27, 2020 ], and every 180 days thereafter for the period beginning on the first day of the qualifying emergency and ending on September 30 of the fiscal year following the end of the qualifying emergency, the Secretary shall submit to the authorizing committees (as defined in section 103 of the Higher Education Act of 1965 ( 20 U.S.C. 1003 )) a report that identifies each institution that received a waiver or modification under this section.

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§ 3517

WAIVER AUTHORITY AND REPORTING REQUIREMENT FOR INSTITUTIONAL AID.

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