Change of accreditor

Section 496(h) of the Higher Education Act of 1965 (20 U.S.C. 1099b(h)) is amended to read as follows: (h) Change of accrediting agency or association (1) In general The Secretary shall not recognize the accreditation of any otherwise eligible institution of higher education that is in the process of changing its accrediting agency or association, including due to a change in ownership of the institution, unless— (A) the institution submits for approval to the Secretary all materials relating to the prior accreditation, including materials that the Secretary determines demonstrate reasonable cause for changing the accrediting agency or association; (B) the prior accrediting agency or association confirms to the Secretary that it has no active actions, investigations, or concerns it is monitoring for the institution; (C) the institution has not been subject to an adverse action, probation, or show cause in the preceding 24-month period; (D) the switch is voluntary and not compelled by a State law; and (E) the institution was reaccredited under its prior accrediting agency or association’s most recent accreditation standards. (2) List The Secretary shall publish an annual list of institutions of higher education that have changed their accrediting agency or association that includes, for each such institution, the prior accrediting agency or association and the new accrediting agency or association..