To participate in the Work-Colleges program, an institution shall enter into an agreement with the Secretary. The agreement provides that, among other things, the institution shall--
(a) Assure that it will comply with all the appropriate provisions of the HEA and the appropriate provisions of the regulations;
(b) Assure that it satisfies the definition of ``work-college'' in Sec. 675.41(a);
(c) Assure that it will match the Federal funds according to the requirements in Sec. 675.45(c); and
(d) Assure that it will use funds only to carry out the activities in Sec. 675.45(a). (Approved by the Office of Management and Budget under control number 1840-0535) (Authority: 42 U.S.C. 2756b)