; (B) is eligible to participate in the student financial assistance programs under this title; and (C) enters into an agreement with the Governors of the Northern Mariana Islands and American Samoa containing such conditions as each Governor may specify, including a requirement that the institution use the funds made available under this section to supplement and not supplant assistance that otherwise would be provided to eligible students from the Northern Mariana Islands and American Samoa. (2) Eligible student The term eligible student means an individual who— (A) graduated from a public institution of higher education located in the Northern Mariana Islands or American Samoa; (B) begins the individual’s course of study within the 3 calendar years (excluding any period of service on active duty in the Armed Forces or service under the Peace Corps Act ( 22 U.S.C. 2501 et seq. ) or subtitle D of title I of the National and Community Service Act of 1990 ( 42 U.S.C. 12571 et seq. )) of graduation from a public institution of higher education located in the Northern Mariana Islands or American Samoa; (C) is enrolled or accepted for enrollment, on at least a half-time basis, in a baccalaureate degree or other program (including a program of study abroad approved for credit by the institution at which such student is enrolled) leading to a recognized educational credential at an eligible institution; (D) if enrolled in an eligible institution, is maintaining satisfactory progress in the course of study the student is pursuing in accordance with section 484(c)