; (2) attends an eligible institution with an agreement with the Secretary under section 463(a); and (3) the institution uses its authority under such agreement to award the student a loan. . (b) Reauthorization of Perkins Loans Section 461(b) of the Higher Education Act of 1965 ( 20 U.S.C. 1087aa(b) ) is amended— (1) by striking (1) In general.— ; (2) by redesignating subparagraphs (A), (B), and (C) as paragraphs (1), (2), and (3), respectively; and (3) by striking paragraphs (2) and (3). (c) Allocation of funds for Perkins ARC Loan Section 462 of the Higher Education Act of 1965 ( 20 U.S.C. 1087bb ) is amended— (1) by striking subsections (a) and (b)