Sec. 505. Duration of grants under part B of title V
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Section 514 ( 20 U.S.C. 1102c ) is amended by adding at the end the following: Before receiving funding under this part for the fourth or fifth year of the grant, each Hispanic-serving institution receiving a grant under this part shall demonstrate to the Secretary that the institution is making progress in implementing the activities described in the institution's applications under subsection
(a)and section 521(b)(1) at a rate that the Secretary determines will result in the full implementation of those activities during the remainder of the grant period. The Secretary shall consider any data or information provided to the Department by grantees for the continued receipt of grants under this title under paragraph
(1)that is considered in accordance with regulations issued by the Secretary before the date of enactment of the Higher Education Affordability Act . Any requirements the Secretary develops for institutions in accordance with regulations issued by the Secretary after the date of enactment of the Higher Education Affordability Act to carry out this subsection shall take into account the capacity and resources of institutions to comply with such requirements. .
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Sec. 505
Duration of grants under part B of title V
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