; and (II) indicate whether this is a new project or will fund a project existing on the date of the application. (D) Awarding of funds (i) In general The Secretary shall award funds under this paragraph to an applicant in an amount that maximizes the number of eligible students served in a manner that meets such students' needs for successful programmatic outcomes. (ii) Requirements In awarding funds under this paragraph, the Secretary shall require an assurance that— (I) not less than two-thirds of the eligible students who are served with the funds under this paragraph be low-income individuals who are first-generation college students; and (II) the remaining eligible students who are served with the funds under this paragraph be from a group that is underrepresented in graduate education, including— (aa) Alaska Natives, as defined in section 6306 of the Elementary and Secondary Education Act of 1965; (bb) Native Hawaiians, as defined in section 6207 of such Act