; (3) in section 504, by striking subsection (a) and inserting the following: (a) Award period The Secretary may award a grant to a Hispanic-serving institution under this part for a period of 5 years. Any funds awarded under this part that are not expended or used, before the date that is 10 years after the date on which the grant was awarded, for the purposes for which the funds were paid shall be repaid to the Treasury. ; and (4) in section 505, by striking this title each place such term appears and inserting this part . 502. Promoting postbaccalaureate opportunities for Hispanic Americans Part B of title V ( 20 U.S.C. 1102 et seq.) is amended— (1) in section 513— (A) by striking paragraph (1) and inserting the following: (1) The activities described in (1) through (4), (11), and (19) of section 503(b). ; (B) by striking paragraphs (2) and (3); and (C) by redesignating paragraphs (4) through (8) as paragraphs (2) through (6), respectively; and (D) in paragraph (4) (as so redesignated), by striking Creating and all that follows through technologies, and inserting Innovative learning models and creating or improving facilities for Internet or other innovative technologies, ; and (2) in section 514— (A) by striking subsection (b) and inserting the following: (b) Duration The Secretary may award a grant to a Hispanic-serving institution under this part for a period of 5 years. Any funds awarded under this part that are not expended or used for the purposes for which the funds were paid within 10 years following the date on which the grant was awarded shall be repaid to the Treasury. ; and (B) by adding at the end the following: (d) Special rule No Hispanic-serving institution that is eligible for and receives funds under this part may receive funds under part A or B of title III during the period for which funds under this part are awarded. . 503. General provisions Part C of title V ( 20 U.S.C. 1103 et seq.) is amended— (1) in section 521(c)(7)— (A) by striking subparagraph (C)