Financial responsibility of foreign students
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Law
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USC 20
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Education
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HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE
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GENERAL PROVISIONS
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Additional General Provisions
- Financial responsibility of foreign students
§1011e. Financial responsibility of foreign students
Nothing in this chapter or any other Federal law shall be construed to prohibit any institution of higher education from requiring a student who is a foreign national (and not admitted to permanent residence in the United States) to guarantee the future payment of tuition and fees to such institution by-
(1) making advance payment of such tuition and fees;
(2) making deposits in an escrow account administered by such institution for such payments; or
(3) obtaining a bond or other insurance that such payments will be made.
(Pub. L. 89–329, title I, §116, as added
Pub. L. 105–244, title I, §101(a), Oct. 7, 1998, 112 Stat. 1593
.)
Prior Provisions
Provisions similar to this section were contained in section 1145c of this title prior to repeal by Pub. L. 105–244.
A prior section 1011e, Pub. L. 89–329, title I, §126, as added
Pub. L. 102–325, title I, §101, July 23, 1992, 106 Stat. 464
, related to State administrative costs, prior to the general amendment of this subchapter by Pub. L. 105–244.
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