; (B) submit an application to participate in the scholarship program; and (C) sign and submit to the Secretary, at the time of submittal of such application, a written contract (described in paragraph (2)) to accept payment of a scholarship and to serve (in accordance with this section) for the applicable period of obligated service. (2) Written contract The written contract under this subsection between the Secretary and an individual shall contain— (A) an agreement that— (i) subject to paragraph (1), the Secretary agrees to provide the individual with a scholarship in each such school year or years for a period of years (not to exceed four school years) determined by the individual, during which period the individual is pursuing a course of study described in paragraph (1)(A); and (ii) subject to paragraph (1), the individual agrees to— (I) accept provision of such a scholarship to the individual; (II) maintain enrollment in a course of study described in paragraph (1)(A) until the individual completes the course of study; (III) maintain an acceptable level of academic standing; (IV) complete a residency in a specialty that the Secretary determines is consistent with pursuit of a fellowship in hematology; (V) complete a fellowship in the specialty of hematology; and (VI) serve for a time period equal to one year for each school year for which the individual was provided a scholarship under this section; (B) a provision that any financial obligation of the United States arising out of the contract and any obligation of the individual which is conditioned thereon, is contingent upon funds being appropriated for scholarships under this section; (C) a statement of the damages to which the United States is entitled if the individual should breach the contract