Page:United States Statutes at Large Volume 121.djvu/837

 121 STAT. 816

PUBLIC LAW 110–84—SEPT. 27, 2007

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the name of the holder and the nature of the holder’s work in connection with any of the activities carried out, or any information or services provided, with such funds. ‘‘(B) INFORMATIONAL DISCLOSURES.—Any information about financing options for higher education provided through an activity or service funded under this section shall— ‘‘(i) include information to students and the students’ parents of the availability of Federal, State, local, institutional, and other grants and loans for postsecondary education; and ‘‘(ii) present information on financial assistance for postsecondary education that is not provided under title IV of the Higher Education Act of 1965 in a manner that is clearly distinct from information on student financial assistance under such title. ‘‘(4) COORDINATION.—A grantee receiving a grant payment under this section shall attempt to coordinate the activities carried out with the grant payment with any existing activities that are similar to such activities, and with any other entities that support the existing activities in the State. ‘‘(h) REPORT.—A grantee receiving a payment under this section shall prepare and submit an annual report to the Secretary on the activities and services carried out under this section, and on the implementation of such activities and services. The report shall include— ‘‘(1) each activity or service that was provided to students and families over the course of the year; ‘‘(2) the cost of providing each activity or service; ‘‘(3) the number, and percentage, if feasible and applicable, of students who received each activity or service; and ‘‘(4) the total contributions from private organizations included in the grantee’s non-Federal share for the fiscal year. ‘‘(i) DEFINITIONS.—In this section: ‘‘(1) PHILANTHROPIC ORGANIZATION.—The term ‘philanthropic organization’ means a non-profit organization— ‘‘(A) that does not receive funds under title IV of the Higher Education Act of 1965 or under the Elementary and Secondary Education Act of 1965; ‘‘(B) that is not a local educational agency or an institution of higher education; ‘‘(C) that has a demonstrated record of dispersing grant aid to underserved populations to ensure access to, and participation in, higher education; ‘‘(D) that is affiliated with an eligible consortia (as defined in paragraph (2)) to carry out this section; and ‘‘(E) the primary purpose of which is to provide financial aid and support services to students from underrepresented populations to increase the number of such students who enter and remain in college. ‘‘(2) ELIGIBLE CONSORTIA.—The term ‘eligible consortia’ means a partnership of 2 or more entities that have agreed to work together to carry out this section that— ‘‘(A) includes— ‘‘(i) a philanthropic organization, which serves as the manager of the consortia;

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