; and (B) to only students currently attending a minority-serving institution if they are deemed otherwise eligible. (3) Year-round The FAA shall make internship placements under the Program available during academic sessions throughout the year and may extend an internship placement for a student beyond a single academic session. (4) Direct hiring authority The Administrator shall utilize existing direct hiring authority to accelerate the hiring of students who have participated in and completed the Program and have graduated with an undergraduate or post-graduate degree. (5) Pay All internships under the Program shall be paid and the FAA may increase pay for a placement based on the location of the internship, the field of study of the intern, or whether the student is an undergraduate versus a graduate student. (d) Annual reports The FAA shall submit an annual report to the appropriate committees of Congress on the Program. Each annual report shall include the following with respect to the reporting period: (1) The total number of applicants. (2) The total number of applicants offered an internship and the total number of applicants who accept an internship. (3) The de-identified data on the race, national origin, gender, and State of residence of Program applicants. (4) Detailed information on the FAA outreach plan for the upcoming year. (5) The schools of applicants, of applicants offered an internship, and of applicants who accept an internship. (6) The location and line of business where each intern is placed. (7) The conversion rate of interns in the Program who are hired as full-time FAA employees. 537. FAA Educational Partnership Initiative Beginning on and after the date of enactment of this section, the Administrator shall continue to operate the Educational Partnership Initiative of the FAA through fiscal year 2028. C Flight Education Access 541. Short title This subtitle may be cited as the Flight Education Access Act . 542. Increase in Federal student loan limits for students in flight education