; and (B) ending on the last day of the first full award year that begins after the date described in subparagraph (A) . (7) Renewal (A) In general A COVID–19 provisional program participation agreement under this subsection may be renewed for 1 award year subsequent to the award year described in paragraph (6)(B) , and shall expire no later than June 30, 2022. (B) Authority to extend renewal period Notwithstanding subparagraph (A) , if the Secretary determines that an extension of renewal authority is in the best interest of the eligible institutions with a COVID–19 provisional program participation agreement under this subsection, the Secretary may permit COVID–19 provisional program participation agreement under this subsection to be renewed, on an annual basis, for not more than 3 total consecutive award years subsequent to the award year described in paragraph (6)(B) , provided that no agreement under this subsection shall expire later than June 30, 2024. (C) Recalculation of liquidity An eligible institution desiring to renew a COVID–19 provisional program participation agreement shall— (i) submit to the Secretary the liquidity level of the institution on the last day of the most recent fiscal year of the eligible institution, to be used for purposes of such an agreement; and (ii) not later than 60 days after submitting such liquidity level under clause (i), have such liquidity level attested to in accordance with subsection (c)(2). (8) Discontinuation of agreement The participation of an eligible institution in a COVID–19 provisional program participation agreement under this subsection— (A) may be discontinued at any time at the request of the eligible institution; (B) shall be discontinued by the Secretary if such eligible institution receives a composite score of 1.0 or greater for the most recent institutional fiscal year, as determined under section 668.171(b)(1) of title 34, Code of Federal Regulations