### Question
Can you define what eligible educational institution means?


### Answer
**Eligible educational institution** is defined as the following in *26 U.S.C. § 529*:

> an institution—


(A) which is described in section 481 of the Higher Education Act of 1965 (20 U.S.C. 1088), as in effect on the date of the enactment of this paragraph, and


(B) which is eligible to participate in a program under title IV of such Act

#### Citation:
  - *26 U.S.C. § 529*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter F-Exempt Organizations > PART VIII-CERTAIN SAVINGS ENTITIES**

