; and (G) carry out such other activities relating to the STEM Corps as the Secretary of Defense determines to be appropriate. (b) Advisory panel (1) Establishment The Secretary of Defense shall establish an advisory panel to provide advice and recommendations to the Administrative Agency on the matters described in subsection (a)(2). (2) Members The advisory panel shall be composed of the following members: (A) The Assistant Secretary of Defense for Manpower and Reserve Affairs, who shall serve as the chairperson of the panel. (B) One representative of the Department of Defense appointed by the Secretary of Defense. (C) One Member of the House of Representatives appointed by the Speaker of the House of Representatives. (D) One Member of the House of Representatives appointed by the minority leader of the House of Representatives. (E) One Senator appointed by the majority leader of the Senate. (F) One Senator appointed by the minority leader of the Senate. (3) Terms Each member specified in subparagraphs (B) through (F) of paragraph (2) shall be appointed for a term of two years. (4) Meetings The advisory panel shall meet at the call of the chairperson or a majority of its members not less frequently than once annually. (c) Limitation on availability of funds Of the funds authorized to be appropriated or otherwise made available to carry out this chapter for a fiscal year, not more than $500,000 may be used to pay the costs of administering the STEM Corps, including any costs relating to the advisory panel established under subsection (b). 2200p. Service obligation for STEM Corps participants (a) Service agreement for recipients of financial assistance To be eligible to receive financial assistance under section 2200n, a qualified student shall enter into a written agreement with the Secretary of Defense under which the student agrees— (1) to accept placement in an internship with a defense industry sponsor as described in subsection (b)