116 STAT. 3050 PUBLIC LAW 107-368—DEC. 19, 2002 applicant intends to award, and the selection process that will be used in awarding the scholarships or stipends; (B) evidence that the applicant has the capability to administer the scholarship or stipend program in accordance with the provisions of this section; and (C) a description of the programming that will be offered to scholarship or stipend recipients during and after their matriculation in the program for which the scholarship or stipend is received. (2) REVIEW OF APPLICATIONS.— In evaluating the applications submitted under paragraph (1), the Director shall consider, at a minimum— (A) the ability of the applicant to effectively carry out the program; (B) the extent to which the applicant is committed to making the program a central organizational focus; (C) the degree to which the proposed programming will enable scholarship or stipend recipients to become successful mathematics and science teachers; (D) the number and quality of the students that will be served by the program; and (E) the ability of the applicant to recruit students who would otherwise not pursue a career in teaching. (c) SCHOLARSHIP REQUIREMENTS.— (1) IN GENERAL. —Scholarships under this section shall be available only to students who are— (A) majoring in science, mathematics, or engineering; and (B) in the last 2 years of a baccalaureate degree program. (2) SELECTION. —Individuals shall be selected to receive scholarships primarily on the basis of academic merit, with consideration given to financial need and to the goal of promoting the participation of individuals identified in section 33 or 34 of the Science and Engineering Equal Opportunities Act (42 U.S.C. 1885a or 1885b). (3) AMOUNT.— The Director shall establish for each year the amount to be awarded for scholarships under this section for that year, which shall be not less than $7,500 per year, except that no individual shall receive for any year more than the cost of attendance at that individual's institution. Individuals may receive a maximum of 2 years of scholarship support. (4) SERVICE OBLIGATION. — If an individual receives a scholarship, that individual shall be required to complete, within 6 years after graduation from the baccalaureate degree program - for which the scholarship was awarded, 2 years of service as a mathematics or science teacher for each year a scholarship was received. Service required under this paragraph shall be performed in a high-need local educational agency. (d) STIPENDS.— (1) IN GENERAL.—Stipends under this section shall be available only to mathematics, science, and engineering professionals who, while receiving the stipend, are enrolled in a program to receive certification or licensing to teach. (2) SELECTION. — Individuals shall be selected to receive stipends under this section primarily on the basis of academic merit, with consideration given to financial need and to the
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