A bill to provide a limited waiver for certain foreign students of the requirement to reimburse local educational agencies for the costs of the students' education.

Amends the Immigration and Nationality Act, as amended by the Illegal Immigration Reform and Immigrant Responsibility Act of 1996, to direct the Attorney General to waive the requirement that an alien seeking to pursue a course of study in a school reimburse the school's local educational agency (LEA), if the LEA certifies to the Attorney General that such waiver will promote educational interest and not impose on it an undue financial burden.