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20 U.S.C. § 1092e — College access initiative
Federal law — U.S. Code and appendices · legal_authorities
**(a) State-by-State information** The Secretary shall direct each guaranty agency with which the Secretary has an agreement under [section 1078(c) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1078/c&num=0&edition=prelim) to provide to the Secretary the information necessary for the development of Internet web links and access for students and families to a comprehensive listing of the postsecondary education opportunities, programs, publications, Internet web sites, and other services available in the States for which such agency serves as the designated guarantor.
**(b) Guaranty agency activities**
(1) **Plan and activity required** — Each guaranty agency with which the Secretary has an agreement under [section 1078(c) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1078/c&num=0&edition=prelim) shall develop a plan, and undertake the activity necessary, to gather the information required under subsection (a) and to make such information available to the public and to the Secretary in a form and manner as prescribed by the Secretary.
(2) **Activities** — Each guaranty agency shall undertake such activities as are necessary to promote access to postsecondary education for students through providing information on college planning, career preparation, and paying for college. The guaranty agency shall publicize such information and coordinate such activities with other entities that either provide or distribute such information in the States for which such guaranty agency serves as the designated guarantor.
(3) **Funding** — The activities required by this section may be funded from the guaranty agency’s Operating Fund established pursuant to [section 1072b of this title](https://
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Source file: Laws/federal/codes/united-states-code/title-20/section-1092e-college-access-initiative--4002715a33.md
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Source location: Title 20, Chapter 28, § 1092e; chapter-028-higher-education-resources-and-student-assistance.md
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**(a) State-by-State information** The Secretary shall direct each guaranty agency with which the Secretary has an agreement under [section 1078(c) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1078/c&num=0&edition=prelim) to provide to the Secretary the information necessary for the development of Internet web links and access for students and families to a comprehensive listing of the postsecondary education opportunities, programs, publications, Internet web sites, and other services available in the States for which such agency serves as the designated guarantor.
**(b) Guaranty agency activities**
(1) **Plan and activity required** — Each guaranty agency with which the Secretary has an agreement under [section 1078(c) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1078/c&num=0&edition=prelim) shall develop a plan, and undertake the activity necessary, to gather the information required under subsection (a) and to make such information available to the public and to the Secretary in a form and manner as prescribed by the Secretary.
(2) **Activities** — Each guaranty agency shall undertake such activities as are necessary to promote access to postsecondary education for students through providing information on college planning, career preparation, and paying for college. The guaranty agency shall publicize such information and coordinate such activities with other entities that either provide or distribute such information in the States for which such guaranty agency serves as the designated guarantor.
(3) **Funding** — The activities required by this section may be funded from the guaranty agency’s Operating Fund established pursuant to [section 1072b of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1072b&num=0&edition=prelim) and, to the extent funds remain, from earnings on the restricted account established pursuant to [section 1072(h)(4) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1072/h/4&num=0&edition=prelim).
(4) **Rule of construction** — Nothing in this subsection shall be construed to require a guaranty agency to duplicate any efforts under way on February 8, 2006, that meet the requirements of this section.
**(c) Access to information**
(1) **Secretary’s responsibility** — The Secretary shall ensure the availability of the information provided, by the guaranty agencies in accordance with this section, to students, parents, and other interested individuals, through Internet web links or other methods prescribed by the Secretary.
(2) **Guaranty agency responsibility** — The guaranty agencies shall ensure that the information required by this section is available without charge in printed format for students and parents requesting such information.
(3) **Publicity** — Not later than 270 days after February 8, 2006, the Secretary and guaranty agencies shall publicize the availability of the information required by this section, with special emphasis on ensuring that populations that are traditionally underrepresented in postsecondary education are made aware of the availability of such information.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Definition of institution of higher education for purposes of student assistance programs**
(1) **Inclusion of additional institutions** — Subject to paragraphs (2) through (4) of this subsection, the term “institution of higher education” for purposes of subchapter IV includes, in addition to the institutions covered by the definition in [section 1001 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1001&num=0&edition=prelim)—
(A) a proprietary institution of higher education (as defined in subsection (b) of this section);
(B) a postsecondary vocational institution (as defined in subsection (c) of this section); and
(C) only for the purposes of part D of subchapter IV, an institution outside the United States that is comparable to an institution of higher education as defined in [section 1001 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1001&num=0&edition=prelim) and that has been approved by the Secretary for the purpose of part D of subchapter IV, consistent with the requirements of [section 1087b(d) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1087b/d&num=0&edition=prelim).
(2) **Institutions outside the United States**
(A) *In general* — For the purpose of qualifying as an institution under paragraph (1)(C), 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 1001 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1001&num=0&edition=prelim) (except that a graduate medical school, nursing schoo
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Establishment** Each guaranty agency shall, not later than 60 days after October 7, 1998, establish a fund designated as the Operating Fund.
**(b) Investment of funds** Funds deposited into the Operating Fund shall be invested at the discretion of the guaranty agency in accordance with prudent investor standards.
**(c) Additional deposits** After the establishment of the Operating Fund, the guaranty agency shall deposit into the Operating Fund—
(1) the loan processing and issuance fee paid by the Secretary pursuant to [section 1078(f) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1078/f&num=0&edition=prelim);
(2) 30 percent of amounts received after October 7, 1998, from the Secretary as payment for administrative cost allowances for loans upon which insurance was issued prior to October 7, 1998;
(3) the account maintenance fee paid by the Secretary in accordance with [section 1087h of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1087h&num=0&edition=prelim);
(4) the default aversion fee paid in accordance with section 1078(l) of this title;
(5) amounts remaining pursuant to section 1078(c)(6)(B) 11 See References in Text note below. of this title from collection on defaulted loans held by the agency, after payment of the Secretary’s equitable share, excluding amounts deposited in the Federal Fund pursuant to [section 1072a(c)(2) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title20-section1072a/c/2&num=0&edition=prelim); and
(6) other receipts as specified in regulations of the Secretary.
**(d) Uses of funds**
(1) **In general** — Funds in the Operating Fund shall be used for application processing, loan disbursement, enrollment and repay
Source: Supplied U.S. Code snapshot — release unconfirmed · 20 U.S.C. § 1072b
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Federal law — U.S. Code and appendices · legal_authorities
Page 695
TITLE 20—EDUCATION
§ 1092e
Trade Commission, shall jointly submit to
Congress each year a report on fraud in the of-
fering of financial assistance for purposes of fi-
nancing an education at an institution of
higher education. Each report shall contain an
assessment of the nature and quantity of inci-
dents of such fraud during the one-year period
ending on the date of such report.
(2) Initial report
The first report under paragraph (1) shall be
submitted not later than 18 months after No-
vember 1, 2000.
(b) National awareness activities
The Secretary of Education shall, in conjunc-
tion with the Federal Trade Commission, main-
tain a scholarship fraud awareness site on the
Internet web site of the Department of Edu-
cation. The scholarship fraud awareness site
may include the following:
(1) Appropriate materials from the Project
Scholarscam awareness campaign of the Com-
mission, including examples of common fraud-
ulent schemes.
(2) A list of companies and individuals who
have been convicted of scholarship fraud in
Federal or State court.
(3) An Internet-based message board to pro-
vide a forum for public complaints and experi-
ences with scholarship fraud.
(4) An electronic comment form for individ-
uals who have experienced scholarship fraud
or have questions about scholarship fraud,
with appropriate mechanisms for the transfer
of comments received through such forms to
the Department and the Commission.
(5) Internet links to other sources of infor-
mation on scholarship fraud, including Inter-
net web sites of appropriate nongovernmental
organizations, colleges and universities, and
government agencies.
(6) An Internet link to the Better Business
Bureau in order to assist individuals in assess-
ing the business practices of ot
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