; and (iii) shall not charge a higher amount of tuition or fees to a student who is eligible for a Federal Pell Grant. (E) Rule of construction Nothing in subparagraph (D) shall be construed as prohibiting an eligible entity from reducing the amount of tuition and fees the eligible entity charges to a student who is eligible for a Federal Pell Grant based on student need. (F) Students exceeding cap An eligible entity may elect to enroll students whose collective eligibility for Federal Pell Grants would otherwise result in the eligible entity exceeding the cap under subparagraph (B) but such eligible entity shall comply with subparagraph (D). (3) Federal Pell Grant eligibility for students (A) In General A student may receive a Federal Pell Grant and use funding from such grant to attend an eligible entity or a program of an eligible entity that is authorized by an innovation authorizer under this subpart if the student meets the other requirements for receiving a Federal Pell Grant, as described in section 401. (B) Eligibility period For the purpose of calculating a student’s remaining period of eligibility for Federal Pell Grant funding under section 401(c), the Secretary shall consider only Federal Pell Grant funding actually paid to an eligible entity on behalf of the student, in accordance with subparagraphs (B) and (C) of paragraph (2). (g) Access to title IV funding (1) Continuation of title IV eligibility An institution of higher education that was eligible to participate in, and receive funding under, this title prior to seeking and gaining authorization under this section may petition the Secretary to continue to be eligible to receive loans made under this title if the institution is an eligible entity described under clause (i) or (ii) of subsection (f)(2)(C). (2) Recommendations Not later than 2 years after the date of enactment of this subpart, the Secretary, in consultation with innovation authorizers, eligible entities, and stakeholders, shall make recommendations to Congress regarding a process