; and (B) by striking subpart 1, 2, 3, or 4 and inserting subparts 1 through 6 ; (2) by redesignating subpart 5 as subpart 7; (3) by redesignating section 731 as section 735; and (4) by inserting after subpart 4 the following: 5 Graduate Opportunities at Asian American and Native American Pacific Islander-Serving Institutions 726. Grant program established (a) In general Subject to the availability of funds appropriated to carry out this subpart, the Secretary shall award grants, on a competitive basis, to eligible institutions to enable the eligible institutions to carry out the activities described in section 727. (b) Award of grant funds Of the funds appropriated to carry out this subpart for a fiscal year, the Secretary— (1) shall reserve— (A) not less than one-third of such funds to award grants to carry out the activities described in section 727(b); and (B) not less than one-third of such funds to award grants to carry out the activities described in section 727(c)