Whereas Asian American and Native American Pacific Islander-Serving Institutions are degree-granting postsecondary institutions that have a full-time equivalent undergraduate enrollment of not less than 10 percent Asian-American and Pacific Islander students; Whereas the purpose of the Asian American and Native American Pacific Islander-Serving Institutions Program is to improve the availability and quality of postsecondary education programs to serve Asian Americans and Pacific Islanders and low-income students; Whereas the Asian American and Native American Pacific Islander-Serving Institutions Program was originally authorized on September 27, 2007, by the College Cost Reduction and Access Act of 2007; Whereas, since 2007, 217 colleges and universities have been eligible to be designated as Asian American and Native American Pacific Islander-Serving Institutions throughout the United States, including the United States territories; Whereas, as of the 2020–2021 academic year, 39 Asian American and Native American Pacific Islander-Serving Institutions are or have been funded in the United States, including the United States territories; Whereas Asian American and Native American Pacific Islander-Serving Institutions are of critical importance, as they enroll and graduate large proportions of Asian-American and Pacific Islander college students, the majority of whom are overwhelmingly low-income and first-generation; Whereas Asian American and Native American Pacific Islander-Serving Institutions comprise 5.1 percent of all institutions of higher education, yet enroll nearly 40 percent of all Asian-American and Pacific Islander undergraduate students; Whereas Asian American and Native American Pacific Islander-Serving Institutions employ many of the Nation’s Asian-American and Pacific Islander faculty and staff