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U.S. Code as of:
01/19/04
Section 1262. Definitions and authorizations
(a) As used in sections 1259 through 1262 of this title -
(1) The term "institution of higher education" means an
educational institution described in the first sentence of section
1001 of title 20 (other than an institution of any agency of the
United States) which is accredited by a nationally recognized
accrediting agency or association approved by the Administrator for
this purpose. For purposes of this subsection, the Administrator
shall publish a list of nationally recognized accrediting agencies
or associations which he determines to be reliable authority as to
the quality of training offered.
(2) The term "academic year" means an academic year or its
equivalent, as determined by the Administrator.
(b) The Administrator shall annually report his activities under
sections 1259 through 1262 of this title, including recommendations
for needed revisions in the provisions thereof.
(c) There are authorized to be appropriated $25,000,000 per
fiscal year for the fiscal years ending June 30, 1973, June 30,
1974, and June 30, 1975, $6,000,000 for the fiscal year ending
September 30, 1977, $7,000,000 for the fiscal year ending September
30, 1978, $7,000,000 for the fiscal year ending September 30, 1979,
$7,000,000 for the fiscal year ending September 30, 1980,
$7,000,000 for the fiscal year ending September 30, 1981,
$7,000,000 for the fiscal year ending September 30, 1982, such sums
as may be necessary for fiscal years 1983 through 1985, and
$7,000,000 per fiscal year for each of the fiscal years 1986
through 1990, to carry out sections 1259 through 1262 of this
title.
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