; distribution criteria The Director shall establish application and evaluation standards and procedures, distribution criteria, and such other forms, standards, definitions, and procedures as the Director determines to be appropriate. (5) Limitation on grant amounts (A) In general The aggregate amount of grants made under this subsection during any fiscal year may not exceed $55,000,000. (B) Termination No grants may be made under this subsection after the end of fiscal year 2019. (6) Definitions For purposes of this section the following definitions shall apply: (A) Director The term Director means the Director of the Bureau of Consumer Financial Protection. (B) Eligible institution The term eligible institution means a partnership of two or more of the following: (i) Institution of higher education. (ii) Local educational agency. (iii) A nonprofit agency, organization, or association. (iv) A financial institution. (C) Institution of higher education The term institution of higher education has the meaning given such term in section 101 of the Higher Education Act of 1965 ( 20 U.S.C. 1001(a) ). 7303. Office for Under-Banked and Un-Banked Consumers Section 1013 of the Consumer Financial Protection Act of 2010 ( 12 U.S.C. 5493 ) is amended by adding at the end the following: (i) Office for Under-Banked and Un-Banked Consumers (1) Establishment Before the end of the 90-day period beginning on the date of the enactment of the subsection, the Bureau shall establish an Office for Under-Banked and Un-Banked Consumers (hereinafter referred to as the Office ), the functions of which shall include activities designed to better assess the reasons for the lack of, and help increase the participation of, under-banked and un-banked consumers in the banking system, including the coordination with other Federal and State financial services agencies on this matter to ensure the most efficient and effective use of governmental resources. (2) Duties The Office shall— (A) conduct research to identify any causes and challenges