(10) An index based on findings with respect to subparagraphs (1) through (9) above, of the accreditor’s status as an effective evaluator of program quality and gate-keeper to funds under title IV of this Act. (t) Rule-Making To establish standardized consequences and steps for accrediting agencies and associations Not later than 180 days after the date of the enactment of this subsection, the Secretary shall— (1) initiate negotiated rule-making processes with experts from different stakeholder groups to establish a common set of consequences or steps all accrediting bodies shall follow when the institutions such accreditors review fail to meet the accreditation standards set by such accreditors pursuant to section 496(a)