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(B) the eligible consortia’s plans for using 
the matching grant funds, including how the 
funds will be used to provide financial aid, men-
toring, and outreach programs to eligible stu-
dents. 
(3) A plan to ensure the viability of the eligible 
consortia and the work of the consortia beyond the 
grant period. 
(4) A detailed description of the activities that 
carry out this section that are conducted by the eli-
gible consortia at the time of the application, and 
how the matching grant funds will assist the eligible 
consortia with expanding and enhancing such activi-
ties. 
(5) A description of the organizational structure 
that will be used to administer the activities carried 
out under the plan, including a description of the 
system used to track the participation of students 
who receive grants to degree completion. 
(6) A description of the strategies that will be 
used to identify eligible students who are enrolled in 
secondary school and who may benefit from the ac-
tivities of the eligible consortia.
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(d) ELIGIBLE CONSORTIA.—An eligible consortia 
with which a philanthropic organization is affiliated for 
the program under this section shall— 
(1) be a partnership of mulitple entities that 
have agreed to work together carry out this section, 
including— 
(A) such philanthropic organization, which 
shall serve as the manager of the consortia; 
(B) a State that demonstrates a commit-
ment to ensuring the creation of a Statewide 
system to address the issues of early interven-
tion and financial support for eligible students 
to enter and remain in college; and 
(C) at the discretion of the philanthropic 
organization described in subparagraph (A), ad-
ditional partners, including other non-profit or-
ganizations, government entities (including local 
municipalities, school districts, cities, and coun-
ties), institutions of higher education, and other 
public or private programs that provide men-
toring or outreach programs; and 
(2) conducts activites to assist eligible students 
with entering and remaining in college, which in-
clude—
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(A) providing need-based grants to eligible 
students; 
(B) providing early notification to low-in-
come students of their potential eligibility for 
Federal financial aid, as well as financial aid 
and other support available from the eligible 
consortia; 
(C) encouraging increased eligible student 
participation in higher education through men-
toring or outreach programs; and 
(D) conducting marketing and outreach ef-
forts that are designed to— 
(i) encourage full participation of eli-
gible students in the activities of the con-
sortia that carry out the purposes of this 
section; and 
(ii) provide the communities impacted 
by the activities of the consortia with a 
general knowledge about the efforts of the 
consortia. 
(e) ANNUAL REPORT.—A philanthropic organization 
receiving a grant under this section shall prepare and sub-
mit an annual report to the Secretary on the activities car-
ried out with such grant. The report shall include—
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(1) each activity that was provided to eligible 
students over the course of the year; 
(2) the cost of providing each such activity; 
(3) the number and percentage of eligible stu-
dents who received grants, mentoring, and outreach 
services; and 
(4) the total amount of charitable gifts received 
by the eligible consortia (including its members) 
with which the philanthropic organization is affili-
ated for the fiscal year. 
(f) REGULATIONS.—The Secretary shall promulgate 
regulations to carry out this section. Such regulations 
shall include— 
(1) the maximum grant amount that may be 
awarded to a philanthropic organization under this 
section; 
(2) the minimum amount of chartable gifts an 
eligible consortia (including its members) shall re-
ceive in a fiscal year for the philanthropic organiza-
tion affiliated with such consortia to be eligible for 
a grant under this section. 
(g) DEFINITIONS.—For the purposes of this section: 
(1) ELIGIBLE
STUDENT.—The term ‘‘eligible 
student’’ means an individual who—
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(A) is a member of an underserved popu-
lation; 
(B) is enrolled— 
(i) in a secondary school pursuing a 
high school diploma; or 
(ii) in an institution of higher edu-
cation or is planning to attend an institu-
tion of higher education; and 
(C) either— 
(i) is receiving, or has received, finan-
cial assistance or support services from the 
consortium; or 
(ii) meets 2 or more of the following 
criteria: 
(I) Has an expected family con-
tribution equal to zero (as described 
in section 479) or a comparable alter-
native based upon the State’s ap-
proved criteria in section 415C(b)(4). 
(II) Has qualified for a free 
lunch, or at the State’s discretion a 
reduced price lunch, under the school 
lunch program established under the 
Richard B. Russell National School 
Lunch Act.