§ 1103a. Waiver authority and reporting requirement
(a)
Waiver requirements; need-based assistance students
The Secretary may waive the requirements set forth in section
1101a
(a)(2)(A)(i) of this title in the case of an institution—
(1)
that is extensively subsidized by the State in which the institution is located and charges low or no tuition;
(2)
that serves a substantial number of low-income students as a percentage of the institution’s total student population;
(3)
that is contributing substantially to increasing higher education opportunities for educationally disadvantaged, underrepresented, or minority students, who are low-income individuals;
(b)
Waiver determinations; expenditures
(1)
Waiver determinations
The Secretary may waive the requirements set forth in section
1101a
(a)(2)(A)(ii) of this title if the Secretary determines, based on persuasive evidence submitted by the institution, that the institution’s failure to meet the requirements is due to factors which, when used in the determination of compliance with the requirements, distort such determination, and that the institution’s designation as an eligible institution under part A of this subchapter is otherwise consistent with the purposes of this subchapter.
(2)
Expenditures
The Secretary shall submit to Congress every other year a report concerning the institutions that, although not satisfying the requirements of section
1101a
(a)(2)(A)(ii) of this title, have been determined to be eligible institutions under part A of this subchapter. Such report shall—