A tribally controlled postsecondary career and technical institution selected for a fiscal year under section
1862
(b) of this title may elect to receive funds pursuant to section
1862 of this title in accordance with an agreement between the tribally controlled postsecondary career and technical institution and the Secretary under the Indian Self-Determination and Education Assistance Act (
25 U.S.C.
450 et seq.) if the agreement is in existence on August 14, 2008.