; and (B) in clause (ii), by inserting of this title after section 3311(c)(4) . 204. Notice to educational institutions of risk-based surveys Section 3673A(d) of title 38, United States Code, is amended by striking one business day and inserting two business days . 205. Relationship of participation by an educational institution in certain Federal student financial aid programs to approval of such institution for purposes of Department of Veterans Affairs educational assistance programs Paragraph (4) of section 3675(b) of title 38, United States Code, is amended to read as follows: (4) The educational institution— (A) is approved and participates in a program under title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1070 et seq. ); or (B) does not participate in such a program and the Secretary has waived the requirement under this paragraph with respect to the educational institution, and submits to the Committee on Veterans' Affairs of the Senate and the Committee on Veterans' Affairs of the House of Representatives notice of such waiver, because the Secretary determines that the educational institution— (i) elects not to participate in such a program; (ii) cannot participate in such a program