38 USC § 3699B - Treatment of certain for-profit educational institutions

---
identifier: "/us/usc/t38/s3699B"
source: "usc"
legal_status: "official_legal_evidence"
title: "38 USC § 3699B - Treatment of certain for-profit educational institutions"
title_number: 38
title_name: "VETERANS’ BENEFITS"
section_number: "3699B"
section_name: "Treatment of certain for-profit educational institutions"
chapter_number: 36
chapter_name: "ADMINISTRATION OF EDUCATIONAL BENEFITS"
subchapter_number: "III"
subchapter_name: "MISCELLANEOUS PROVISIONS"
part_number: "III"
part_name: "READJUSTMENT AND RELATED BENEFITS"
positive_law: true
currency: "119-84"
last_updated: "2026-04-21"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Added Pub. L. 116–315, title I, § 1022(a), Jan. 5, 2021, 134 Stat. 4959.)"
---


# § 3699B. Treatment of certain for-profit educational institutions

**(a)** **In General.—** 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)** **Risk-based Survey Defined.—** In this section, the term “risk-based survey” means the risk-based survey developed under section 3673A of this title.

---

**Source Credit**: (Added Pub. L. 116–315, title I, § 1022(a), Jan. 5, 2021, 134 Stat. 4959.)

## Statutory Notes and Related Subsidiaries

### Effective Date

> “
> 
> , 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 [
> 
> ].”

, , , as amended by , , , provided that:

> “The amendment made by subsection (a) [amending
> 
> , 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 (
> 
> ).”

[, , , provided that: 
]