; and (II) is in the school district of a local educational agency which is eligible in such year for assistance pursuant to part A of title I of the Elementary and Secondary Education Act of 1965 ( 20 U.S.C. 6311 et seq.); or (ii) in one or more public, or nonprofit private, elementary schools or secondary schools or locations operated by an educational service agency that have been determined by the Secretary (pursuant to regulations of the Secretary and after consultation with the State educational agency of the State in which the educational service agency operates) to be a school or location at which the number of children taught who meet a measure of poverty under section 1113(a)(5) of the Elementary and Secondary Education Act of 1965 ( 20 U.S.C. 6313(a)(5) ), exceeds 30 percent of the total number of children taught at such school or location; ; and (B) in subsection (c), by inserting (as in effect on the day before the date of the enactment of the PROSPER Act ) after part D of title IV ; (3) in section 420M(a) ( 20 U.S.C. 1070g–1 ), by adding at the end the following: (3) Termination (A) Termination of program authority No new grants may be made under this subpart after June 30, 2018. (B) Limitation on funds No funds are authorized to be appropriated, and no funds may be obligated or expended under this Act or any other Act, to make a grant under this subpart for which the first disbursement would be made after June 30, 2018. ; and (4) in section 420O ( 20 U.S.C. 1070g–3 )— (A) by striking 2008 and inserting 2008, and ending on June 30, 2018 ; and (B) by adding at the end the following: No funds shall be available to the Secretary to carry out this subpart after June 30, 2018. . B Federal Family Education Loan Program 421. Federal Direct Consolidation Loans Section 428C ( 20 U.S.C. 1078–3 ) is amended— (1) in subsection (a)(4)(B), by inserting before the semicolon at the end , as in effect on the day before the date of enactment of the PROSPER Act and pursuant to section 461(a) of such Act