; and (ii) the amount and percentage of such institution’s revenues received from other sources. . (b) Repeal of existing requirements Section 487 of the Higher Education Act of 1965 (20 U.S.C. 1094) is amended— (1) in subsection (a)— (A) by striking paragraph (24); (B) by redesignating paragraphs (25) through (29) as paragraphs (24) through (28), respectively; (C) in paragraph (24)(A)(ii) (as redesignated by subparagraph (B)), by striking subsection (e) and inserting subsection (d) ; and (D) in paragraph (26) (as redesignated by subparagraph (B)), by striking subsection (h) and inserting subsection (g) ; (2) by striking subsection (d); (3) by redesignating subsections (e) through (j) as subsections (d) through (i), respectively; (4) in subsection (d) (as redesignated by paragraph (3)), by striking (a)(25) and inserting (a)(24) ; (5) in subsection (f)(1) (as redesignated by paragraph (3)), by striking subsection (e)(2) and inserting subsection (d)(2) ; and (6) in subsection (g)(1) (as redesignated by paragraph (3)), by striking subsection (a)(27) in the matter preceding subparagraph (A) and inserting subsection (a)(26) . (c) Conforming amendments The Higher Education Act of 1965 (20 U.S.C. 1001 et seq.) is amended— (1) in section 152 (20 U.S.C. 1019a)— (A) in subsection (a)(1)(A), by striking subsections (a)(27) and (h) of section 487 and inserting subsections (a)(26) and (g) of section 487 ; and (B) in subsection (b)(1)(B)(i)(I), by striking section 487(e) and inserting section 487(d) ; (2) in section 153(c)(3) (20 U.S.C. 1019b(c)(3)), by striking section 487(a)(25) each place the term appears and inserting section 487(a)(24) ; (3) in section 496(c)(3)(A) (20 U.S.C. 1099b(c)(3)(A)), by striking section 487(f) and inserting section 487(e) ; and (4) in section 498(k)(1) (20 U.S.C. 1099c(k)(1)), by striking section 487(f) and inserting section 487(e) . 3. Effective date The amendments made by section 2 shall take effect one year after the date of the enactment of this Act.