; and (ii) determined by the Secretary to have issued the greatest number of undergraduate and graduate degrees in one or more of the academic fields included in the list prepared under paragraph (5). (B) Nomination of institutions (i) In general Not later than 180 days after the date of the enactment of this section, and every 3 years thereafter, the Governor of each State may nominate for grants under this subsection— (I) up to 4 institutions of higher education located in the State, of which at least one shall be a minority-serving institution, if applicable; and (II) at least 1 vocational institution located in the State. (ii) Preference In making nominations under clause (i), each Governor shall give preference to institutions of higher education and vocational institutions that demonstrate a vigorous rate of admissions of veterans of the Armed Forces of the United States. (3) Grants terms (A) Award and availability of funds Grants shall be awarded under this subsection on an annual basis and grant funds shall remain available for use until expended. (B) Use Of the funds awarded to each grantee each fiscal year— (i) no less than half shall be made available in the form of scholarships or tuition assistance to incoming students in the academic fields included in the list submitted under paragraph (5)