94 STAT. 1392
PUBLIC LAW 96-374—OCT. 3, 1980 awards a bachelor's degree, or (11) is a junior or community college; "(iv) is accredited by a nationally recognized accrediting agency or association determined by the Secretary to be reliable authority as to the quality of training offered or is, according to such an agency or association, making reasonable progress toward accreditation; "(v) except as provided in section 342(b) has, during the five academic years preceding the academic year for which it seeks assistance under this part— "(I) met the requirement of either clause (iii)(I) or (iii)(II), or of both such clauses (simultaneously or consecutively); and "(11) met the requirement of clause (iv); and "(vi) meets such other requirements as the Secretary may prescribe; or "(B) any branch of any institution of higher education described under subparagraph (A) which by itself satisfies the requirements contained in clauses (i) and (ii) of such subparagraph. For purposes of the determination of whether an institution is an eligible institution under this paragraph, the factor described under subparagraph (A)(i) shall be given twice the weight of the factor described under subparagraph (A)(ii). "(3) The term 'full-time equivalent students* means the sum of the number of students enrolled full time at an institution, plus the full-time equivalent of the number of students enrolled part time (determined on the basis of the quotient of the sum of the credit hours of all part-time students divided by twelve) at such institution. "(4) The term 'junior or community college* means an institution of higher education— "(A) that admits as regular students persons who are beyond the age of compulsory school attendance in the State in which the institution is located and who have the ability to benefit from the training offered by the institution; "(B) that does not provide an educational program for which it awards a bachelor*s degree (or an equivalent degree); and "(Othat"(i) provides an educational program of not less than two years that is acceptable for full credit toward such a degree, or "(ii) offers a two-year program in engineering, mathematics, or the physical or biological sciences, designed to prepare a student to work as a technician or at the semiprofessional level in engineering, scientific, or other technological fields requiring the understanding and application of basic engineering, scientific, or mathematical principles of knowledge. "DURATION OF GRANT
20 USC 1059.
"SEC. 313. (a) The Secretary may award a grant to an eligible institution under this part for— "(1) not to exceed three years, or "(2) not less than four nor more than seven years.
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