Investment in historically Black colleges and universities and other minority-serving institutions

An institution of higher education is eligible to receive funds from the amounts made available under this section if such institution is— There shall be available to the Secretary to carry out this section, from funds in the Treasury not otherwise appropriated, $255,000,000 for fiscal year 2020 and each fiscal year thereafter. Funds made available under subparagraph (A) for a fiscal year shall remain available for the next succeeding fiscal year. Of the amounts made available under paragraph (1) for each fiscal year— The amount made available for allocation under this subparagraph by subparagraph (A)(i) for any fiscal year shall be available for Hispanic-serving Institutions 11 So in original. Probably should not be capitalized. for activities described in section 1101b of this title, with a priority given to applications that propose— From the amount made available for allocation under this subparagraph by subparagraph (A)(ii) for any fiscal year— 85 percent shall be available to eligible institutions described in subsection (a)(1) and shall be made available as grants under section 1062 of this title and allotted among such institutions under section 1063 of this title, treating such amount, plus the amount appropriated for such fiscal year in a regular or supplemental appropriation Act to carry out part B of this subchapter, as the amount appropriated to carry out part B of this subchapter for purposes of allotments under section 1063 of this title, for use by such institutions with a priority for— 15 percent shall be available to eligible institutions described in subsection (a)(5) and shall be available for a competitive grant program to award 25 grants of $600,000 annually for programs in any of the following areas: From the amount made available for allocation under this subparagraph by subparagraph (A)(iii) for any fiscal year— $5,000,000 for such fiscal year shall be available to eligible institutions described in subsection (a)(7)— to plan, develop, undertake, and carry out activities to improve and expand such institutions’ capacity to serve Native Americans, which may include— The term “Asian American” has the meaning given the term “Asian” in the Office of Management and Budget’s Standards for Maintaining, Collecting, and Presenting Federal Data on Race and Ethnicity as published on October 30, 1997 (62 Fed. Reg. 58789). The term “Asian American and Native American Pacific Islander-serving institution” means an institution of higher education that— The term “enrollment of needy students” means the enrollment at an institution of higher education with respect to which not less than 50 percent of the undergraduate students enrolled in an academic program leading to a degree— attended a public or nonprofit private secondary school— The term “low-income individual” has the meaning given such term in section 1070a–11(h) of this title. The term “means-tested Federal benefit program” means a program of the Federal Government, other than a program under subchapter IV, in which eligibility for the programs’ benefits or the amount of such benefits are determined on the basis of income or resources of the individual or family seeking the benefit. The term “Native American” means an individual who is of a tribe, people, or culture that is indigenous to the United States. The term “Native American Pacific Islander” means any descendant of the aboriginal people of any island in the Pacific Ocean that is a territory or possession of the United States. The term “Native American-serving nontribal institution” means an institution of higher education that— at the time of application— The term “Predominantly Black institution” means an institution of higher education that— has an enrollment of undergraduate students— is not receiving assistance under—