; and (ii) use at least 7 percent of the total amount of funds granted to such institution under this section for such fiscal year to compensate students employed in work-based learning positions, except that the Secretary may waive this clause if the Secretary determines that enforcing this clause would cause hardship for students at the institution; (B) may— (i) use a portion of the sums granted to it to compensate students employed in community service; (ii) use a portion of the sums granted to it to meet administrative expenses in accordance with section 489; (iii) use a portion of the sums granted to it to meet the cost of a job location and development program in accordance with section 446 of this part; and (iv) transfer funds in accordance with the provisions of section 488; ; (B) in paragraph (4)— (i) by striking $300 and inserting $500 ; and (ii) by inserting except as provided under subsection (f), before provide ; (C) in paragraph (5)— (i) in subparagraph (A)(ii), by striking and at the end; (ii) in subparagraph (B), by inserting and after the semicolon; and (iii) by adding at the end the following: (C) the Federal share shall equal 100 percent if the institution is eligible for assistance under title III or title V; . (D) in paragraph (6)— (i) by inserting who demonstrate exceptional need (as defined in section 413C(c)(2)) after students ; and (ii) by inserting and prioritize employment for students who are currently homeless individuals described in section 725 of the McKinney-Vento Homeless Assistance Act ( 42 U.S.C. 11434a ) or foster care youth after institution ; (E) in paragraph (7), by striking vocational and inserting career ; (F) in paragraph (8)(A)(i), by striking or vocational goals and inserting career goals ; (G) in paragraph (10), by striking ; and and inserting a semicolon; (H) in paragraph (11), by striking the period at the end and inserting a semicolon