ALLOTMENTS.

SEC. 310. ALLOTMENTS.(a) Minimum Allotment.—Subsection (d) of section 324 (20 U.S.C. 1063(d)) is amended to read as follows:“(d) Minimum Allotment.—Notwithstanding subsections (a) through (c), and subject to subsection (h), if the amount of an award under this section for a part B institution, based on the data provided by the part B institution and the formula under subsections (a) through (c), would be—122 STAT. 3178“(1) an amount that is greater than $250,000 but less than $500,000, the Secretary shall award the part B institution an allotment in the amount of $500,000; and“(2) an amount that is equal to or less than $250,000, the Secretary shall award the part B institution an allotment in the amount of $250,000.”.(b) Conditions for Allotments.—Section 324 (20 U.S.C. 1063) is further amended by adding at the end the following new subsection:“(h) Conditions for Allotments.—“(1) Student requirements for allotment.—Notwithstanding any other provision of this section, a part B institution that would otherwise be eligible for funds under this part shall not receive an allotment under this part for a fiscal year, including the minimum allotment under subsection (d), if the part B institution, in the academic year preceding such fiscal year—“(A) did not have any enrolled students who were Pell Grant recipients;“(B) did not graduate any students; or“(C) where appropriate, did not have any students who, within 5 years of graduation from the part B institution, were admitted to and in attendance at a graduate or professional school in a degree program in disciplines in which Blacks are underrepresented.“(2) Data requirements for allotments.—Notwithstanding any other provision of this section, a part B institution shall not receive an allotment under this part for a fiscal year, including the minimum allotment under subsection (d), unless the institution provides the Secretary with the data required by the Secretary and for purposes of the formula described in subsections (a) through (c), including—“(A) the number of Pell Grant recipients enrolled in the part B institution in the academic year preceding such fiscal year;“(B) the number of students who earned an associate or baccalaureate degree from the part B institution in the academic year preceding such fiscal year; and“(C) where appropriate, the percentage of students who, within 5 years of graduation from the part B institution, were admitted to and in attendance at a graduate or professional school in a degree program in disciplines in which Blacks are underrepresented in the academic year preceding such fiscal year.”.