; and (II) the reason why the institution is required to provide such waiting period; (iv) notify an individual accepted for enrollment at the institution of all financial aid determinations by not less than 1 week before the enrollment confirmation deadline, if all requested application forms are received from the individual on time; and (v) disclose to an individual accepted for enrollment, in a manner determined by the Secretary, that the individual may file a complaint through the complaint tracking system established under section 161 if the individual believes that the institution has violated any provision of this paragraph. (B) If an institution described in subparagraph (A) fails to meet the requirements of this paragraph, the institution shall be subject to a civil penalty in accordance with section 489A. (C) Notwithstanding subparagraph (A), the Secretary may, after providing notice and an opportunity to comment, elect to replace the use of the student default risk percentage threshold established under subparagraph (A) with a loan repayment rate threshold calculated in accordance with section 483D(b). ; and (2) in subsection (c)(1)(A)(i), by striking available and inserting made publicly available and provided . 12. Improved disclosures for clinical training programs Section 485 of the Higher Education Act of 1965 ( 20 U.S.C. 1092 ) is amended by adding at the end the following new subsection: (n) Reports relating to clinical training programs (1) Report on clinical training program agreements (A) In General Beginning in the year in which the Protections and Regulation for Our Students Act is enacted, an eligible institution that participates in any program under this title shall prepare and submit a report to the Secretary containing the information described in subparagraph (C), for every year in which the eligible institution has an agreement with a hospital or health facility, through which— (i) the eligible institution agrees to provide funding or other benefits to the hospital or health facility