; and (II) the policies and procedures required under subparagraphs (B) and (C) of section 495(a)(6). (B) may include— (i) if required by the institution’s accrediting agency or association, an agreement between institutions for such a teach-out plan; and (ii) such other information as the Secretary may require. . 4625. Experimental programs Section 487A of the Higher Education Act of 1965 ( 20 U.S.C. 1094a ) is amended to read as follows: 487A. Experimentation with statutory and regulatory flexibility (a) Experimental sites The Secretary is authorized to periodically select a limited number of institutions for voluntary participation as experimental sites to test the effectiveness of approaches to statutory and regulatory flexibility that— (1) to the extent appropriate, may lead to a reduction of regulatory burden on institutions of higher education or the Department of Education, except that the Secretary shall not waive any requirement of this title for any institution participating as an experimental site that would reduce the protections or the information provided to a student under this Act