(a) The private nonprofit institutions of higher education in the State are an important educational resource and are vital to the provision of postsecondary education in the State.
(b) The State shall continue to provide financial aid as provided by law to private nonprofit institutions of higher education to foster this important educational resource.
(c) (1) In this subsection, “cultural diversity” means the inclusion of those racial and ethnic groups and individuals that are or have been underrepresented in higher education.
(2) On or before July 1 of each year, each private nonprofit institution of higher education eligible for State aid under § 17–103 of this article shall submit a report on the institution’s programs to promote and enhance cultural diversity on its campus to the Maryland Independent College and University Association.
(3) (i) On or before September 1 of each year, the Maryland Independent College and University Association shall submit a report on the status of the programs reported to the Association under paragraph (2) of this subsection to the Commission.
(ii) The report submitted to the Commission under subparagraph (i) of this paragraph shall include an analysis of the best practices used by private nonprofit institutions of higher education to promote and enhance cultural diversity on their campuses.