eligibility of new institutions for basic grants

eligibility of new institutions for basic grants Sec. 214. (a) The first sentence of section 202 of the Higher Education Act of 1965 is amended (1) by striking out “and” and inserting in lieu thereof a comma, and (2) inserting after “such institutions” the following: “, and, in accordance with criteria prescribed by regulation, new institutions of higher education in the fiscal year preceding the first year in which students are to be enrolled”. (b) The amendments made by subsection (a) shall be effective with respect to appropriations for grants under title II of the Higher Education Act of 1965 for fiscal years beginning after June 30, 1969.