; (bb) 4-year public colleges; (cc) 4-year private colleges; and (dd) private, for-profit colleges; and (II) component, including— (aa) tuition and fees; and (bb) room and board; (ii) Federal Pell Grants, including— (I) the maximum Federal Pell Grant for each academic year; (II) when and how to apply for a Federal Pell Grant; and (III) what the application process for a Federal Pell Grant requires; (iii) State-specific college savings programs; (iv) State-based financial aid, including State-based merit aid; (v) Federal financial aid available to students, including eligibility criteria for the Federal financial aid and an explanation of the Federal financial aid programs; and (vi) financial aid that may be available from non-governmental sources. (3) Annual information The information described in paragraph (2)(C) shall be provided to eligible students annually for the duration of the students' participation in the Program. (4) Reservation Each State educational agency receiving a grant under this section shall reserve $200,000 of the grant funds received each fiscal year to carry out the targeted information campaign described in this subsection. (f) Authorization of appropriations There are authorized to be appropriated to carry out this section such sums as may be necessary. .