; and (bb) in subparagraph (E)(i)(II), by substituting, percentage of students enrolled in the category of educational programs for which such rate is being determined for percentage of students enrolled at the institution ; and (II) as if the following were added at the end of paragraph (2): (E) In the case of a student who has received a loan for enrollment in more than one category of educational programs, the student (and such student’s subsequent repayment or default) is attributed to the last category of educational programs in which such student was enrolled. . (D) Transition exception (i) In general A covered institution with an adjusted cohort default rate that is greater than 20 percent for the first fiscal year for which such rates are published by the Secretary may request that any determination of such covered institution’s ineligibility under subparagraph (A) not be based on the adjusted cohort default rate of such covered institution for any or all of the first 3 fiscal years for which such rates are published by the Secretary. (ii) Requirement To be granted a request under clause (i), a covered institution shall submit to the Secretary a default management plan as specified in paragraph (7). (iii) Definition of covered institution In this subparagraph, the term covered institution means— (I) a public institution of higher education; (II) a part B institution (as defined in section 322)