‘‘SEC. 198F. SILVER SCHOLARSHIP PROGRAMS. 
‘‘(a) ESTABLISHMENT.—The Corporation is author-
ized to award grants to eligible entities, to enable the enti-
ties to provide volunteers participating in service projects 
in accordance with this section with scholarships that may 
be used by the volunteers or by individuals designated by 
the volunteers. 
‘‘(b) ELIGIBLE ENTITIES.—To be eligible to receive 
a grant under this section, an entity shall be a public agen-
cy or private nonprofit organization with experience in ad-
ministering service programs (including the programs de-
scribed in or administered under title II of the Domestic 
Volunteer Service Act of 1973 (42 U.S.C. 5000 et seq.)). 
‘‘(c) APPLICATIONS.—To be eligible to receive a grant 
under this section, an entity shall submit to the Corpora-
tion an application at such time, in such manner, and con-
taining such information as the Corporation may reason-
ably require. 
‘‘(d) CRITERIA AND PRIORITIES FOR GRANTS.—The 
Corporation shall establish criteria and priorities for 
awarding grants under this section. 
‘‘(e) REQUIREMENTS FOR SCHOLARSHIP.—An entity 
that receives a grant under subsection (a) shall use the 
funds made available through the grant to award a schol-
arship described in subsection (a) to recipients, each of 
whom— 
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‘‘(1) is, or has been designated for the scholar-
ship by, a volunteer who— 
‘‘(A) has performed not less than 500 
hours of volunteer service, of a type specified by 
the Corporation under subsection (f)(1), during 
a 12-month period that is— 
‘‘(i) after the volunteer at issue has 
attained age 55; and 
‘‘(ii) after the date of the enactment 
of this section; or 
‘‘(B) has performed not less than 250 
hours but less than 500 hours of volunteer serv-
ice of that type during such a 12-month period, 
based on compelling personal circumstances; 
and 
‘‘(2) has received, during the 5-year period pre-
ceding the date that the scholarship is awarded, 
fewer than 2 scholarships under this section. 
‘‘(f) SERVICES, CRITERIA, AND PRIORITIES
FOR 
SCHOLARSHIPS.—The Corporation shall— 
‘‘(1) specify the types of volunteer service a vol-
unteer may engage in to meet term of service re-
quirements for a scholarship under this section, 
which shall include— 
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‘‘(A) tutoring or mentoring in a school, 
after-school program, or other community-based 
educational setting; and 
‘‘(B) assisting persons with special needs, 
including persons who are homebound, to con-
tinue living independently; and 
‘‘(2) establish criteria and priorities for eligible 
entities to use in awarding scholarships under this 
section. 
‘‘(g) AMOUNT OF SCHOLARSHIP.—The entities shall 
award the scholarships— 
‘‘(1) in an amount of not more than $1,000; or 
‘‘(2) in a amount that is prorated based on the 
individual’s hours of service, for an individual who 
meets the requirements of subsection (e) with a term 
of service described in subsection (e)(2)(B). 
‘‘(h) USE OF SCHOLARSHIPS.—A scholarship award-
ed under this section may be used— 
‘‘(1) by the volunteer or the person designated 
by the volunteer, in accordance with subsection (e); 
‘‘(2) only for qualified tuition and related ex-
penses, as defined in section 117 of the Internal 
Revenue Code of 1986, and only under such condi-
tions as are set forth by the Corporation through 
regulation; and 
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‘‘(3) not later than 20 years after the date of 
the award of the scholarship, to allow time for ‘an 
individual’ designated under subsection (e)(1) to use 
the scholarship. 
‘‘(i) AUTHORIZATION OF APPROPRIATIONS.—Of the 
funds appropriated to carry out this section— 
‘‘(1) not more than 15 percent shall be used for 
administrative purposes by the Corporation; 
‘‘(2) not less than 50 percent shall be made 
available for grants under subsection (a) and used to 
award scholarships to volunteers who have met the 
term of service requirements for the scholarships by 
providing tutoring or mentoring described in sub-
section (f)(1)(A); 
‘‘(3) not less than 10 percent shall be made 
available for such grants and used to award scholar-
ships to volunteers who have met the requirements 
by providing assistance described in subsection 
(f)(1)(B); and 
‘‘(4) not more than 10 percent shall be made 
available for such grants and used for administrative 
purposes by the eligible entities receiving the 
grants.’’. 
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(b) AUTHORIZATION OF APPROPRIATIONS.—Section 
501(a)(2), as amended by section 202(b) of this Act, is 
further amended— 
(1) by striking ‘‘section 198E’’ each place it ap-
pears and inserting ‘‘sections 198E and 198F’’; and 
(2) by adding at the end the following: 
‘‘(D) SILVER
SCHOLARSHIP
PROGRAM.— 
There are authorized to be appropriated to 
carry out section 198F, $20,000,000 for the 
first fiscal year beginning after the date of the 
enactment of section 198F and such sums as 
are necessary for each fiscal year thereafter.’’. 
(c) TABLE OF CONTENTS.—The table of contents of 
the Act is further amended in the items relating to subtitle 
H of title I, by adding at the end the following: 
‘‘Sec. 198F. Silver scholarship programs.’’. 
Æ 
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