7 U.S.C. § 3222a: Scholarships for students at 1890 Institutions

have been accepted for admission at such college or university; will be enrolled at such college or university not later than one year after the date of such acceptance; and agribusiness; energy and renewable fuels; or financial management. The Secretary may only award a grant under this subsection to a college or university described in paragraph (1) if the Secretary determines that such college or university has established a competitive scholarship awards process for the award of scholarships to individuals described in such paragraph. Of the funds made available under subsection (b)(1), the Secretary may use not more than $10,000,000 to award grants under this subsection for the academic year beginning on July 1, 2020 , and each of the 4 succeeding academic years. Each grant made under this section shall be in an amount of not less than $500,000. Of the funds of the Commodity Credit Corporation, the Secretary shall make available to carry out this section $40,000,000 not later than October 1, 2019 , to remain available until expended. Not later than 30 days after November 17, 2023 , of the funds of the Commodity Credit Corporation, the Secretary shall make available to carry out this section $10,000,000, to remain available until expended. Of the funds of the Commodity Credit Corporation, the Secretary shall make available to carry out this section $60,000,000 for fiscal year 2026, to remain available until expended. In addition to amounts made available under paragraph (1), there is authorized to be appropriated to carry out this section $10,000,000 for each of fiscal years 2020 through 2023. Of the funds made available under paragraphs (1) and (2) to carry out this section for a fiscal year, not more than 4 percent may be used for expenses related to administering the program under this section. the amount of funds provided to each eligible college or university under this section; the number of scholarships awarded under each grant each fiscal year; and the amount of each such scholarship.