; and ; and (3) in section 347(c), by striking paragraph (2) and inserting the following: (2) Report On an annual basis, the Advisory Board shall prepare and submit to the authorizing committees a report on the status of the historically Black colleges and universities described in paragraph (1)(A) and an overview of all loans in the capital financing program, including the most recent loans awarded in the fiscal year in which the report is submitted. The report shall include administrative and legislative recommendations, as needed, for addressing the issues related to construction financing facing historically Black colleges and universities. . 304. Minority Science and Engineering Improvement Program Part E of title III ( 20 U.S.C. 1067 et seq.) is amended— (1) in section 353(a)— (A) in paragraph (1), by striking 365(6) and inserting 359(6) ; (B) in paragraph (2), by striking 365(7) and inserting 359(7) ; (C) in paragraph (3), by striking 365(8) and inserting 359(8) ; and (D) in paragraph (5), by striking 365(9) and inserting 359(9) ; (2) by striking subpart 2; (3) by redesignating subpart 3 as subpart 2 and redesignating sections 361 through 365 as sections 355 through 359, respectively; (4) in section 355 (as so redesignated), by striking paragraph (5); (5) in section 356(a) (as so redesignated), by striking determined under section 361) and inserting determined under section 355) ; and (6) in section 359(2) (as so redesignated)— (A) by inserting American after Black ; and (B) by striking Hispanic (including and inserting Hispanic American (including . 305. Strengthening historically Black colleges and universities and other minority-serving institutions Section 371 ( 20 U.S.C. 1067q ) is amended— (1) in subsection (b)(2)(D)(iii), by striking section 311(c) and inserting section 311(b)