Page:United States Statutes at Large Volume 112 Part 2.djvu/816

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112 STAT. 1700 PUBLIC LAW 105-244—OCT. 7, 1998 "(1) CHILD CARE FACILITY.—The term 'child care facility* means a facility, including a home, that— "(A) provides child care services; and "(B) meets applicable State or local government licensing, certification, approval, or registration requirements, if any. "(2) CHILD CARE SERVICES.— The term 'child care services' means activities and services provided for the education and care of children from birth through age 5 by an individual who has a degree in early childhood education. "(3) DEGREE. — The term 'degree* means an associate's or bachelor's degree awarded by an institution of higher education. "(4) EARLY CHILDHOOD EDUCATION. — The term 'early childhood education' means education in the areas of early child education, child care, or any other educational area related to child care that the Secretary determines appropriate. " (5) INSTITUTION OF HIGHER EDUCATION.— Notwithstanding section 102, the term 'institution of higher education' has the meaning given the term in section 101. "(c) DEMONSTRATION PROGRAM.— "(1) IN GENERAL. —The Secretary may carry out a demonstration program of assuming the obligation to repay, pursuant to subsection (d), a loan made, insured, or guaranteed under this part or part D (excluding loans made under sections 428B and 428C or comparable loans made under part D) for any new borrower after the date of enactment of the Higher Education Amendments of 1998, who— "(A) completes a degree in early childhood education; "(B) obtains employment in a child care facility; and "(C) has worked full time for the 2 consecutive years preceding the year for which the determination is made as a child care provider in a low-income community. "(2) LOW-INCOME COMMUNITY. —For the purposes of this subsection, the term 'low-income community means a community in which 70 percent of households within the community earn less than 85 percent of the State median household income. " (3) AWARD BASIS; PRIORITY. — "(A) AWARD BASIS.— Subject to subparagraph (B), loan repayment under this section shall be on a first-come, first-served basis and subject to the availability of appropriations. "(B) PRIORITY.— The Secretary shall give priority in providing loan repayment under this section for a fiscal year to student borrowers who received loan repayment under this section for the preceding fiscal year. "(4) REGULATIONS. — The Secretary is authorized to prescribe such regulations as may be necessary to carry out the provisions of this section. " (d) LOAN REPAYMENT.— "(1) IN GENERAL.—The Secretary shall assume the obligation to repay— "(A) after the second consecutive year of employment described in subparagraphs (B) and (C) of subsection (c)(D, 20 percent of the total amount of all loans made after date of enactment of the Higher Education Amendments of 1998, to a student under this part or part D;