TITLE IV--STUDENT ASSISTANCE
PART D--WILLIAM D. FORD FEDERAL DIRECT LOAN PROGRAM
SEC. 451. SELECTION OF INSTITUTIONS
(a) GENERAL AUTHORITY- Section 453(a) (20 U.S.C. 1087c(a)) is amended--
(1) by striking `PHASE-IN' and everything that follows through `GENERAL AUTHORITY- ' and inserting `GENERAL AUTHORITY- '; and
(2) by striking paragraphs (2), (3), and (4).
(b) SELECTION CRITERIA- Section 453(b)(2) is amended by striking `prescribe,' and everything that follows through the end of subparagraph (B) and inserting `prescribe.'.
(c) ORIGINATION- Section 453(c) is amended--
(1) in paragraph (2)--
(A) in the heading, by striking `TRANSITION SELECTION CRITERIA' and inserting `SELECTION CRITERIA';
(B) by striking `For academic year 1994-1995, the Secretary' and inserting `The Secretary';
(C) by striking subparagraph (A);
(D) by striking subparagraph (E); and
(E) by redesignating subparagraphs (B), (C), (D), (F), (G), and (H) as subparagraphs (A) through (F), respectively; and
(2) in paragraph (3)--
(A) in the paragraph heading, by striking `AFTER TRANSITION'; and
(B) by striking `For academic year 1995-1996 and subsequent academic years, the' and inserting `The'.
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