a competitive basis, to eligible entities to support projects that expand the use of high-quality open textbooks in order to achieve savings for students while improving instruction and student learning outcomes. (2) Eligible entity In this section, the term eligible entity means an institution of higher education or group of institutions of higher education. (3) Applications (A) In general Each eligible entity desiring a grant under this subsection, after consultation with relevant faculty, shall submit an application to the Secretary at such time, in such manner, and accompanied by such information as the Secretary may reasonably require. (B) Contents Each application submitted under subparagraph (A) shall include a description of the project to be completed with grant funds and— (i) a plan for promoting and tracking the use of open textbooks in postsecondary courses offered by the eligible entity, including an estimate of the projected savings that will be achieved for students