Title 38Veterans' BenefitsRelease 119-73not60

§3699B Treatment of Certain For-profit Educational Institutions

Title 38 › Part III— READJUSTMENT AND RELATED BENEFITS › Chapter 36— ADMINISTRATION OF EDUCATIONAL BENEFITS › Subchapter III— MISCELLANEOUS PROVISIONS › § 3699B

Last updated Apr 5, 2026|Official source

Summary

When for-profit schools convert to nonprofit, State agency/Secretary must do yearly risk-based surveys 3 years; risk-based survey = Sec. 3673A.

Full Legal Text

Title 38, §3699B

Veterans' Benefits — Source: USLM XML via OLRC

(a)In the case of any for-profit educational institution that is converted to a nonprofit educational institution, the State approving agency or the Secretary when acting as a State approving agency shall conduct annual risk-based surveys of the institution during the three-year period beginning on the date on which the educational institution is so converted.
(b)In this section, the term “risk-based survey” means the risk-based survey developed under section 3673A of this title.

Legislative History

Notes & Related Subsidiaries

Statutory Notes and Related Subsidiaries

Effective Date

Pub. L. 116–315, title I, § 1022(c), Jan. 5, 2021, 134 Stat. 4959, as amended by Pub. L. 117–16, § 5(a),
June 8, 2021, 135 Stat. 283, provided that: “Section 3699B of title 38, United States Code, as added by subsection (a), shall apply with respect to the conversion of a for-profit educational institution to a nonprofit educational institution, or the conversion of a for-profit educational institution to a public educational institution, that occurs on or after the date of the enactment of this Act [Jan. 5, 2021].” [Pub. L. 117–16, § 5(b),
June 8, 2021, 135 Stat. 283, provided that: “The amendment made by subsection (a) [amending section 1022(c) of Pub. L. 116–315, set out above] shall apply as if included in the enactment of the Johnny Isakson and David P. Roe, M.D. Veterans Health Care and Benefits Improvement Act of 2020 (Public Law 116–315).” ]

Reference

Citations & Metadata

Citation

38 U.S.C. § 3699B

Title 38Veterans' Benefits

Last Updated

Apr 5, 2026

Release point: 119-73not60