; (2) the number of hours and form of related instruction, including how related instruction will be compensated (whether through academic credit, wages, or both), the costs the program participant will incur for participating in the program (such as for equipment, related instruction, or assessment or licensure fees), and the recognized postsecondary credentials the program participants will be eligible to receive upon program completion; (3) a schedule of the work processes in the occupation or industry divisions in which the program participant is to be trained and the approximate time to be spent at each process; (4) for apprenticeships or youth apprenticeships, the graduated wage scale to be paid to the apprentices, benefits offered to the apprentices, and how the wages and benefits compare to State, local, or regional wages in the related occupation; and (5) demonstration of commitment to and compliance with section 111(b)(7)(B). (c) Collective bargaining Nothing in an apprenticeship agreement or this Act shall operate to invalidate an applicable provision in a collective bargaining agreement between employers and employees establishing higher standards for apprenticeship, pre-apprenticeship, or youth apprenticeship programs. 124. Registration of programs under the national apprenticeship system (a) Program registration application Except as provided in subsection (b)(4), each registration agency shall, in accordance with subsection (b) and any regulations promulgated by the Administrator, register any program as an apprenticeship, pre-apprenticeship, or youth apprenticeship program for which a sponsor applying to register such a program submits the information required by the registration agency, including— (1) information demonstrating that each of the applicable requirements of section 122 will be met for the program; (2) a copy of the apprenticeship agreement described in section 123 used by the sponsor