eligibility of proprietary institutions of higher education

eligibility of proprietary institutions of higher education Sec. 174. (a) Section 103(b) of the National Defense Education Act of 1958 is amended— (1) by striking out “and also includes,” in the second sentence and inserting in lieu thereof “; any proprietary institution of higher education (as defined in section 461 (b) of the Higher Education Act of 1965) which includes in its agreement under section 204 of such title such terms and conditions as the Commissioner determines to be necessary to insure that the availability of assistance to students at the school under such title has not, and will not, increase the tuition, fees, or other charges to such students; and”; and (2) by inserting after “requirements of clause (5)” in the third sentence the following: “(but meets the requirements of clause (4))”. (b) Effective with respect to fiscal years ending on or after June 30, 1969, section 203 of such Act is amended by adding at the end thereof the following new sentence: “The aggregate amount of Federal capital contributions paid for any fiscal year under this section to proprietary institutions of higher education (as defined in section 461(b) of the Higher Education Act of 1965) may not exceed the amount by which the funds appropriated pursuant to section 201 for such fiscal year exceed $190,000,000.”