; and (B) any terms or conditions of such compensation require participation in an intercollegiate sport. ; and (3) by adding at the end the following: (15) The term grant-in-aid means a scholarship, grant, or other form of financial assistance that is provided by an institution of higher education to an individual for the individual’s undergraduate or graduate course of study. (16) The term institution of higher education has the meaning given the term in section 102 of the Higher Education Act of 1965 ( 20 U.S.C. 1002 ). (17) The term intercollegiate athletic conference — (A) means any conference, or other group or organization, of institutions of higher education that— (i) exercises authority over intercollegiate sports at such institutions of higher education; and (ii) is engaged in commerce or an industry or activity affecting commerce