; (B) the ability to launch and implement the program; and (C) a plan for compliance with evaluation and program monitoring; and (2) an assurance that the applicant will utilize the Reporting Dashboard, Financial Capability Training Platform, and Success Coaching Model developed by the Secretary under subsection (a)(2). (c) Selection (1) Priority In selecting eligible entities to participate in the grant program, the Secretary shall give priority to eligible entities that— (A) target individuals at a statewide level with networks of participating eligible educational institutions; and (B) commit to supporting selected eligible students through the student's graduation from an institution of higher education. (2) Diversity of projects The Secretary shall ensure, to the maximum extent practical, that the grants awarded under this section include eligible entities that represent a range of communities (both rural and urban) and diverse populations. (d) Amount A grant awarded under this section shall be in an amount not to exceed the lesser of— (1) the aggregate amount of funds committed as matching contributions from non-Federal public or private sector sources; or (2) $10,000,000. (e) Uses of funds (1) In General An eligible entity receiving a grant under this section shall use the grant funds to— (A) select eligible students, or students who may have preliminary eligibility, in the State in which the eligible entity is located to participate in the grant program; (B) provide selected students with financial literacy education using the Success Coaching Model; (C) after ensuring that a selected eligible student or selected student with preliminary eligibility has completed an agreement regarding the terms and conditions of the educational savings account, establish an educational savings account for each participating eligible student or student who has preliminary eligibility and allow students and their families to deposit funds in that account to save for attendance at an eligible educational institution