; or (B) loans made before July 1, 2028; whichever occurs earlier. . II Accreditation Reform 201. Accreditation reform (a) Definition of Institution of Higher Education Section 102(a)(1) of the Higher Education Act of 1965 ( 20 U.S.C. 1002(a)(1) ) is amended— (1) by redesignating subparagraphs (B) and (C) as subparagraphs (C) and (D), respectively; and (2) by inserting after subparagraph (A) the following: (B) if accredited by an authorized accreditation authority in a State that has an alternative accreditation agreement with the Secretary, as described in section 498C— (i) an institution that provides postsecondary education; (ii) a postsecondary apprenticeship program; or (iii) a postsecondary education course or program provided by an institution of postsecondary education, a nonprofit organization, or a for-profit organization or business; . (b) State alternative accreditation Part H of title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1099a et seq. ) is amended by adding at the end the following: 4 State Alternative Accreditation 498C. State alternative accreditation (a) In general Notwithstanding any other provision of law, a State may establish an alternative accreditation system for the purpose of establishing institutions that provide postsecondary education and postsecondary education courses or programs as eligible for funding under title IV if the State submits a plan to the Secretary for the establishment of the alternative accreditation system. Such institutions, courses, or programs may include— (1) institutions that provide postsecondary education that culminates in a certification, credential, or degree; (2) postsecondary apprenticeship programs that culminate in a certification, credential, or degree; (3) any other postsecondary education course or program offered at an institution of postsecondary education, a nonprofit organization, or a for-profit organization or business, that culminates in a certification, credential, or degree