; (ii) a summary of such arrangement, including the percentages and components of the educational program to be offered by the institution of higher education and such institution or organization; and (iii) an attestation that the institution of higher education and such institution or organization meet the requirements of section 668.5(c) of title 34, Code of Federal Regulations (as such section is in effect on the date of enactment of this Act), including the specific determination from the institution of higher education’s accrediting agency or association that the institution’s arrangement meets the agency or association’s standards for the contracting out of educational services. (B) Institutions with covered arrangements with foreign institutions An institution of higher education with a covered arrangement with a foreign institution shall report to the Secretary— (i) not later than 10 days after such institution establishes such covered arrangement— (I) the name of the foreign institution; and (II) a summary of such arrangement, including the percentages and components of the educational program to be offered by the institution of higher education and the foreign institution