amendments effective upon enactment

amendments effective upon enactment Sec. 151. Title IV of the Higher Education Act of 1965 is amended by inserting after part D the following new part: “Part E—General Provisions Relating to Student Assistance Programs “Subpart 1—General Provisions “definitions “Sec. 461. (a) For purposes of this title, the term ‘State’ includes the Trust Territory of the Pacific Islands. “(b) For purposes of part C of this title and title II of the National Defense Education Act of 1958, the term ‘proprietary institution of higher education’ means a school (1) which provides not less than a six-month program of training to prepare students for gainful employment in a recognized occupation, (2) which meets the requirements of section 801(a) (1) and 801(a) (2) of this Act, (3) which does not meet the requirement of section 801(a) (4) of this Act, (4) which is accredited by a nationally recognized accrediting agency or association approved by the Commissioner for this purpose, and (5) which has been in existence for at least two years. For purposes of this paragraph, the Commissioner 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. “eligibility of residents of trust territory of pacific islands “Sec. 462. Permanent residents of the Trust Territory of the Pacific Islands shall be eligible for assistance under title II of the National Defense Education Act of 1958 and under this title to the same extent that citizens of the United States are eligible for such assistance. “Subpart 2—Advisory Council on Financial Aid to Students “establishment of council “Sec. 469. (a) There is established in the Office of Education an Advisory Council on Financial Aid to Students (hereafter in this section referred to as the ‘Council’), consisting of the Commissioner, who shall be Chairman, and of members appointed by the Commissioner 82 Stat. 1033without regard to the civil service or classification laws. Such appointed members shall include (1) leading authorities in the field of education, (2) persons representing State and private nonprofit loan insurance programs, financial and credit institutions, and institutions of higher education and other eligible institutions as those terms may be variously defined in this Act or in the National Defense Education Act of 1958, and (3) at least one undergraduate student in an institution of higher education or other eligible institution. “(b) The Council shall advise the Commissioner on matters of general policy arising in the administration by the Commissioner of programs relating to financial assistance to students and on evaluation of the effectiveness of these programs. “(c) Members of the Council who are not in the regular full-time employ of the United States shall, while attending meetings or conferences of the Council or otherwise engaged in the business of the Council, be entitled to receive compensation at a rate fixed by the Secretary, but not exceeding the rate specified at the time of such service for grade GS–18 in section 5332 of title 5, United States Code, including traveltime, and while so serving on the business of the Council away from their homes or regular places of business they may be allowed 1 ravel expenses, including per diem in lieu of subsistence, as authorized by section 5703 of title 5, United States Code, for persons employed intermittently in the Government, Service. “(d) The Commissioner is authorized to furnish to the Council such technical assistance, and to make available to it such secretarial, clerical, and other assistance and such pertinent data available to him, as the Council may require to carry out its functions.”