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funds to the institutions of higher education that 
they attend; 
‘‘(6) annually submit to the Secretary a finan-
cial audit and a report on the progress of the pro-
gram, and such other documents as the Secretary 
may require to determine the effective management 
of the program; and 
‘‘(7) shall not develop a criteria that discrimi-
nates against a student based on the type of pro-
gram in which the student completed his or her sec-
ondary education. 
‘‘(e) APPLICATIONS.—
‘‘(1) Any eligible entity that desires to be the 
managing agent under this section shall submit an 
application to the Secretary, in such form and con-
taining such information, as the Secretary may re-
quire. 
‘‘(2) Each application shall include a descrip-
tion of—
‘‘(A) how the applicant meets or will meet 
requirements established under subsections 
(c)(3)(A) and (d); 
‘‘(B) how the applicant will solicit funds 
for scholarships and for the administration of 
the program from non-Federal sources;
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‘‘(C) how the applicant will provide nation-
wide outreach to inform students about the pro-
gram and to encourage students to pursue de-
grees in physical, life, or computer sciences, 
mathematics, and engineering; 
‘‘(D) how the applicant will solicit applica-
tions for scholarships, including how the appli-
cant will balance efforts in urban and rural 
areas; 
‘‘(E) the selection criteria based on estab-
lished measurements available to secondary stu-
dents the applicant will use to award scholar-
ships and to renew those awards; 
‘‘(F) how the applicant will inform the in-
stitution of higher education chosen by the re-
cipient of the name and scholarship amount of 
the recipient; 
‘‘(G) what procedures and assurances the 
applicant and the institution of higher edu-
cation that the recipient attends will use to 
verify student eligibility, attendance, degree 
progress, and academic performance and to de-
liver and account for payments to such institu-
tion;
175
‘‘(H) the management (including audit and 
accounting) procedures the applicant will use 
for the program; 
‘‘(I) the human, financial, and other re-
sources that the applicant will need and use to 
manage the program; 
‘‘(J) how the applicant will evaluate the 
program and report to the Secretary annually; 
and 
‘‘(K) a description of how the entity will 
coordinate with, complement, and build on simi-
lar public and private mathematics and science 
programs. 
‘‘(f) SCHOLARSHIP RECIPIENTS.—
‘‘(1) A student receiving a scholarship under 
this section shall be known as a ‘Byrd Mathematics 
and Science Honors Scholar’. 
‘‘(2) Any student desiring to receive a scholar-
ship under this section shall submit an application 
to the managing agent in such form, and containing 
such information, as the managing agent may re-
quire. 
‘‘(3) Any student that receives a scholarship 
under this section shall enter into an agreement with 
the managing agent to complete 5 consecutive years
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of service to begin no later than 12 months following 
completion of the final degree in a position related 
to the field in which the student obtained the degree. 
‘‘(4) If any student that receives a scholarship 
under this section fails to earn at least a bacca-
laureate degree in physical, life, or computer 
sciences, mathematics, or engineering as defined 
under this section, the student shall repay to the 
managing agent the amount of any financial assist-
ance paid to such student. 
‘‘(5) If any student that receives a scholarship 
under this section fails to meet the requirements of 
paragraph (3), the student shall repay to the man-
aging agent the amount of any financial assistance 
paid to such student. 
‘‘(6)(A) Scholarships shall be awarded for only 
one academic year of study at a time. 
‘‘(B)(i) A scholarship shall be renewable on an 
annual basis for the established length of the aca-
demic program if the student awarded the scholar-
ship remains eligible. 
‘‘(ii) The managing agent may condition re-
newal of a scholarship on measures of academic 
progress and achievement, with the approval of the 
Secretary.