; (2) in paragraph (13), by inserting controlled, before owned ; and (3) by adding at the end the following: (25) Nonprofit institution of higher education The term nonprofit institution of higher education means an institution of higher education that— (A) is a nonprofit, as defined in section 103(13); and (B) at which no member of the governing board of the nonprofit institution of higher education (other than ex officio members serving at the pleasure of the remainder of the governing board and receiving a fixed salary), or any person with the power to appoint or remove members of such governing board, receives any substantial direct or indirect economic benefit (including a lease, promissory note, or other contract) from the nonprofit institution of higher education. (26) Public institution of higher education The term public institution of higher education means an institution of higher education— (A) for which all obligations of the institution are valid and binding obligations of the State (or of an equivalent governmental entity); and (B) for which the full faith and credit of such State (or equivalent government entity) is pledged for the timely payment of such obligations. (27) Foster care children and youth The term foster care children and youth — (A) means children and youth whose care and placement are the responsibility of the State or Tribal agency that administers a State or Tribal plan under part B or E of title IV of the Social Security Act ( 42 U.S.C. 621 et seq. and 670 et seq.), without regard to whether foster care maintenance payments are made under section 472 of such Act ( 42 U.S.C. 672 ) on behalf of such children and youth