; (2) guaranteeing loans made to eligible entities for qualified CTE facility projects; or (3) making payments of interest on bonds, loans, or other financial instruments (other than a refinancing) that are issued to eligible entities for qualified CTE facility projects. (b) Application An eligible entity that desires to receive a grant, loan guarantee, or payment of interest under this section shall submit an application to the Secretary at such a time, in such manner, and containing such information as the Secretary may require. The application shall include— (1) a detailed description of the qualified CTE facility project; (2) in the case of a qualified CTE facility project described in section 3(14)(A)(vi), a description of the educational outcomes to be furthered by the one-time repair of serviceable equipment or replacement of equipment; (3) an indication as to whether the eligible entity prefers to receive a grant, loan guarantee, or payment of interest; (4) a description of the need for the qualified CTE facility project; (5) a description of how the eligible entity will ensure that the qualified CTE facility project will be adequately maintained; (6) a description of how the qualified CTE facility project will improve instruction and educational outcomes at the facility, including any opportunities to integrate project activities within the curriculum of a school or institution; (7) a description of how the facility supported by the qualified CTE facility project will be used for providing educational services in STEM, or career and technical education