Expanding Opportunities in Higher Education Act of 2003

[AI summary unavailable — showing source text] Expanding Opportunities in Higher Education Act of 2003 - Amends the Higher Education Act of 1965 (HEA) to revise and reauthorize various programs and provisions. Repeals HEA provisions, under the definition of institution of higher education, that: (1) currently require for-profit institutions of higher education to derive at least ten percent of their revenue from funds that do not come from HEA title IV student assistance programs (the 90/10 rule); and (2) currently restrict distance education in terms of the relative number of courses an institution may offer by telecommunications, and relative number of students enrolled in such courses, for purposes of student assistance program eligibility (the 50 percent rule). (Retains such rule for correspondence courses not offered by telecommunications.) Revises HEA title III (Institutional Aid) to extend authorizations of appropriations for: (1) part A grants for American Indian tribally controlled colleges and universities, and for Alaska Native and Native Hawaiian-serving institutions; (2) part B grants for historically Black colleges and universities (HBCU); (3) endowment challenge grants for institutions; (4) HBCU capital financing…