applicable educational institution

Defined in 1 dictionary — U.S. Code

United States Code

26 U.S.C. § 4968 — for purposes of this subchapter (3 versions over time)

For purposes of this subchapter, the term “applicable educational institution” means an eligible educational institution (as defined in section 25A(f)(2))—

(1) which had at least 3,000 tuition-paying students during the preceding taxable year,

(2) more than 50 percent of the tuition-paying students of which are located in the United States,

(3) the student adjusted endowment of which is at least $500,000, and

(4) which is not described in the first sentence of section 511(a)(2)(B) (relating to State colleges and universities).