20 U.S.C. § 1011e
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§ 1011e. Financial responsibility of foreign students
Nothing in this chapter or any other Federal law shall be construed to prohibit any institution of higher education from requiring a student who is a foreign national (and not admitted to permanent residence in the United States) to guarantee the future payment of tuition and fees to such institution by—
- (1) making advance payment of such tuition and fees;
- (2) making deposits in an escrow account administered by such institution for such payments; or
- (3) obtaining a bond or other insurance that such payments will be made.
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