; priority (A) In general Each eligible entity desiring a grant under this subsection shall submit an application to the Secretary of Education at such time, in such manner, and containing such information as the Secretary of Education may require. (B) Contents The application described in subparagraph (A) shall include— (i) a description of the characteristics of a group of not less than 30 low-income public school students who— (I) are, at the time of the application, attending a grade not higher than grade 9; and (II) will, under the grant, receive an American Dream Account; (ii) a description of how the eligible entity will engage, and provide support (such as tutoring and mentoring for students, and training for teachers and other stakeholders) either online or in person, to— (I) the students in the group described in clause (I); (II) the family members and teachers of such students; and (III) other stakeholders such as school administrators and school counselors; (iii) an identification of partners who will assist the eligible entity in establishing and sustaining American Dream Accounts; (iv) a description of what experience the eligible entity or the eligible entity’s partners have in managing college savings accounts, preparing low-income students for postsecondary education, managing online systems, and teaching financial literacy; (v) a description of how the eligible entity will help increase the value of the college savings account portion of each American Dream Account, such as by providing matching funds or incentives for academic achievement; (vi) a description of how the eligible entity will notify each participating student in the group described in subparagraph (A), on a semiannual basis, of the current balance and status of the student’s college savings account portion of the student’s American Dream Account