What is an eligible educational institution?
An eligible educational institution includes post-secondary institutions offering credit towards a bachelor’s degree, an associate’s degree, a graduate level or professional degree or other recognized post-secondary credentials. This includes colleges, universities, and vocational schools. The institution must be eligible to participate in the Department of Education Student Aid Programs.
It is any institution eligible to participate in a student aid program administered by the U.S. Department of Education. It includes virtually all accredited, public, nonprofit and proprietary postsecondary educational institutions. To find out if a specific institution is eligible, review the 2007/2008 Federal School Code database. If the institution has been assigned a federal school code by the Department of Education, then it is considered eligible under Section 529.
An eligible educational institution is one that is eligible to participate in a student financial aid program under Title IV of the Higher Education Act of 1965. Most community colleges, public and private colleges, universities and vocational schools in the United States are eligible educational institutions. Some foreign institutions are also eligible. To find out if a school is eligible, go to the Department of Education s website.
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