; (B) the amount of each such grant and the total grant funds that an eligible student may receive, except that a student may not receive more than a total of $500 in emergency supplemental assistance grants per academic year; and (C) the anticipated and unanticipated expenses referred to in paragraph (1) that such grants will cover based on the needs of eligible students, which— (i) may vary by factors including academic year, housing, parental status, location in urban or rural area, or other circumstances; and (ii) for an individual student, may cover— (I) any component of the cost of attendance for the student; (II) an allowance for actual or expected expenses incurred for dependent care that exceeds such expenses determined for the student under section 472(8); (III) an allowance for actual or expected expenses for transportation that exceeds such expenses determined for the student under section 472