; and (B) from any funds remaining after awarding such scholarships, award scholarships to first-time applicants described in paragraph (3)(A). (6) Use of funds A scholarship received by a student under this subsection may be used by such student only to pay the student’s costs of attendance at an institution of higher education. (7) Duration Each scholarship under this subsection shall be awarded for a period of one academic year. A student may receive a scholarship under this subsection for a total period of not more than four academic years. (8) Amount The amount of each scholarship under this subsection shall be— (A) $1000, for a student who completed at least 100 hours, but less than 138 hours, of volunteer service work in the preceding school year (or another one-year period determined by the Secretary of Education); (B) $1500, for a student who completed at least 138 hours, but less than 175 hours, of volunteer service work in the preceding school year (or another one-year period determined by the Secretary of Education); (C) $2000, for a student who completed at least 175 hours, but less than 213 hours, of volunteer service work in such period; (D) $2500, for a student who completed at least 213 hours, but less than 250 hours, of volunteer service work in such period