GRANTS TO INSTITUTIONS.

SEC. 309. GRANTS TO INSTITUTIONS. Section 323(a) (20 U.S.C. 1062(a)) is amended—(1) in the matter preceding paragraph (1), by striking “360(a)(2)” and inserting “399(a)(2)”;(2) by redesignating paragraph (12) as paragraphs (15); and(3) by inserting after paragraph (11) the following:“(12) Acquisition of real property in connection with the construction, renovation, or addition to or improvement of campus facilities.“(13) Education or financial information designed to improve the financial literacy and economic literacy of students or the students’ families, especially with regard to student indebtedness and student assistance programs under title IV.“(14) Services necessary for the implementation of projects or activities that are described in the grant application and that are approved, in advance, by the Secretary, except that not more than two percent of the grant amount may be used for this purpose.”.