; or (iv) an organization designated as a community development financial institution by the Secretary of the Treasury (or the Community Development Financial Institutions Fund). ; and (4) in paragraph (8)— (A) in subparagraph (A)— (i) in the first sentence— (I) by inserting of an eligible individual or the dependent of an eligible individual (as such term is used in subparagraph (E)(ii)) after expenses ; and (II) by inserting , or to a vendor pursuant to an education purchase plan approved by a qualified entity before the period; (ii) in clause (i)— (I) in subclause (II), by inserting or for courses described in subclause (III) after eligible educational institution ; and (II) by adding at the end the following: (III) Preparatory courses Preparatory courses for an examination required for admission to an eligible educational institution, for successful performance at an eligible educational institution, or for a professional licensing or certification examination. (IV) Room and board and transportation Room and board and transportation, including commuting expenses, necessary to enable attendance at courses of instruction at an eligible educational institution or attendance at courses described in subclause (III). ; (iii) by striking clause (ii) and inserting the following: (ii) Eligible educational institution The term eligible educational institution means— (I) an institution described in section 101 or 102 of the Higher Education Act of 1965 ( 20 U.S.C. 1001 , 1002); or (II) an area career and technical education school, as defined in section 3(3) of the Carl D. Perkins Career and Technical Education Act of 2006 ( 20 U.S.C. 2302(3) ). ; and (iv) by adding at the end the following: (iii) Education purchase plan The term education purchase plan means a plan— (I) for the purchase of items or services described in subclauses (II) through (IV) of clause (i) from entities other than eligible educational institutions; (II) that includes a description of the items or services to be purchased