; (vi) has been approved to receive Federal or State unemployment insurance benefits since March 1, 2020; or (vii) the institution of higher education believes lacks necessary connectivity for participating in distance learning or academic and student support services; (C) establish a schedule of reasonable per-student funding amounts for eligible services and eligible equipment supported under those regulations; (D) provide that— (i) an institution of higher education that purchases eligible equipment using support received under those regulations may, after the termination of those regulations under subsection (b), use that eligible equipment for purposes that the institution considers appropriate, subject to any restrictions provided in those regulations (or any successor regulations that are promulgated on or before the termination date described in paragraph (1) of that subsection); (ii) no person that receives support under those regulations may sell or otherwise transfer eligible support or eligible equipment in exchange for anything (including a service) of value, except that such person may exchange that eligible equipment for upgraded equipment of the same type; and (iii) an institution of higher education may use support received under those regulations to provide eligible services and eligible equipment in conjunction with other Federal funding if the total amount of Federal funding received by the institution is not greater than the cost of so providing the eligible services and eligible equipment; and (E) establish reasonable requirements— (i) for an institution of higher education to apply for support under those regulations; (ii) for an institution of higher education to procure eligible services and eligible equipment with support obtained under those regulations; (iii) with respect to reporting, recordkeeping, retention of documents, compliance, and audits for an institution of higher education that receives support under those regulations