Provisions Act ( 20 U.S.C. 1232g , commonly known as the Family Educational Rights and Privacy Act of 1974 ). (5) Input of student information Student data collected pursuant to subsection (a)(2)(A) shall be entered into an American Dream Account only by a school administrator or the designee of such administrator. (c) Prohibition on use of student information An eligible entity that receives a grant under this Act shall not use any student-level information or data for the purpose of soliciting, advertising, or marketing any financial or non-financial consumer product or service that is offered by such eligible entity, or on behalf of any other person. (d) Prohibition on the use of grant funds An eligible entity shall not use grant funds provided under this Act to provide a deposit into a college savings account portion of a student's American Dream Account. 7. Reports and evaluations (a) In general Not later than 1 year after the Secretary has disbursed grants under this Act, and annually thereafter until each grant disbursed under this Act has ended, the Secretary shall prepare and submit a report to the appropriate committees of Congress, which shall include an evaluation of the effectiveness of the grant program established under this Act, including in building financial capability. (b) Contents The report described in subsection (a) shall— (1) list the grants that have been awarded under section 4(a)