§1101b Authorized Activities

Summary

Gives grants to Hispanic-serving colleges and universities so they can plan, build, and run programs that help them serve Hispanic and other low-income students better. The money can pay for many things, including buying or leasing lab and classroom equipment, fixing or building classrooms and libraries, training and exchanging faculty, buying library and course materials, tutoring and counseling (including remedial and English instruction), programs that help students transfer from 2-year to 4-year schools, improving financial and administrative management, sharing facilities, growing fundraising and alumni giving, setting up or improving endowments, adding distance-learning technology, teacher-preparation programs, outreach to K–12 students, expanding graduate and professional programs, teaching financial literacy, and other activities the school proposes and the Secretary approves. No more than 20 percent of a grant in any fiscal year can go to create or improve an endowment. If a school uses any grant money for an endowment, it must provide at least the same amount from non-federal funds. Other rules about endowments in part C of subchapter III apply if they do not conflict with these limits.