; and (B) as appropriate, requiring the institution or program of study to submit a plan, on an annual basis, to the accrediting agency or association to— (i) address and remedy performance issues with respect to such compliance; and (ii) ensure that such plan is successfully implemented. . (3) Procedures with respect to substantive changes Paragraph (5) of section 496(c) ( 20 U.S.C. 1099b(c) ) (as redesignated by paragraph (2)(A)) is amended to read as follows: (5) establishes and applies or maintains policies, which ensure that any substantive change to the educational mission, program of study, or program of study of an institution after the agency or association has granted the institution accreditation or preaccreditation status does not adversely affect the capacity of the institution to continue to meet the agency’s or association’s standards for such accreditation or preaccreditation status, which shall include policies that— (A) require the institution to obtain the agency’s or association’s approval of the substantive change before the agency or association includes the change in the scope of the institution’s accreditation or preaccreditation status; and (B) define substantive change to include, at a minimum— (i) any change in the established mission or objectives of the institution; (ii) any change in the legal status, form of control, or ownership of the institution, including the acquisition or addition of any other institution or new location where more than 50 percent of a program is offered; (iii) the addition of program of study at a higher credential level from the credential level previously accredited by the agency or association; or (iv) the entering into a contract under which an institution or organization not certified to participate in programs under this title offers more than 25 percent but less than 50 percent of the instruction of an educational program of the institution with such accreditation or preaccreditation status