PUBLIC LAW 100-50—JUNE 3, 1987
101 STAT. 357
remedial or developmental education not to exceed one academic year or its equivalent; or "(3)(A) be administered a nationally recognized, standardized, or industry developed test, subject to criteria developed by the appropriate accrediting association, measuring the applicant's -J aptitude to complete successfully the program to which the "•^ applicant has applied; and "(B) with respect to applicants who are unable to satisfy the
- '^ institutions' admissions testing requirements specified in
'*'^ subparagraph (A), be enrolled in and successfully complete an institutionally prescribed program or course of remedial or developmental education not to exceed one academic year or its equivalent."; (B) in section 484(d), by adding at the end thereof the follow' ing new sentence: "In order to be eligible for assistance a student cannot be enrolled in either an elementary or a secondary school."; (9) in section 484(f), by adding at the end thereof the following new sentence: "In carrying out the provisions of this subsection no eligible institution shall be required to verify more than 30 "^ percent of such applicants in any award year."; (10) in section 4850t)), by inserting "(other than loans made pursuant to section 428B)" after "part B of this title"; (11) in section 485(d), by inserting after the second sentence the following: "In addition, such information shall include information to enable borrowers to assess the practical consequences of loan consolidation, including differences in deferment eligibility, interest rates, monthly payments, and finance charges, and samples of loan consolidation profiles to jj fj illustrate such consequences."; (12) in section 485A(a), by striking out "clause (i), (ii), or (iii)" and inserting "subparagraph (A), (B), or (C)"; Hi (13) in section 485B— (A) by striking out "Federal agencies" in subsection (b)(1) and inserting "public agencies"; (B) by striking out "of a borrower for whom the guaranty agency provides insurance" in subsection (b)(2)(D) and inserting "of any borrower"; and (C) by striking out "Federal agency" in subsection (b)(3) and inserting "public agency"; (14) in section 488, by striking out "or 446" and inserting "or 442"; (15) in the second sentence of section 489(a), by striking out "section 448" and inserting in lieu thereof "section 447";' (16) in section 491(b), by adding at the end thereof the followDf ing new sentence: "The Secretary's authority to terminate advisory committees of the Department pursuant to section 448(b) of the General Education Provisions Act ceased to be effective on June 23, 1983."; (17) in section 491(i), by striking out "An amount, not to exceed $500,000 in any fiscal year" and inserting in lieu thereof "In each fiscal year not less than $500,000"; and (18) in section 491, by adding at the end thereof the following new subsection: (j) SPECIAL INSTITUTIONAL LENDER STUDY.—
MOi •)«(j(ii;
20 USC 1091.
20 USC 1092. Ante, p. 343. Loans.
20 USC 1092a. 20 USC 1092b.
20 USC 1095.' O S 20 USC 1096. 20 USC 1098. 20 USC 1233g.
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