; (C) in subparagraph (A) (as so redesignated)— (i) by striking In approving a loan guarantee application and inserting the following: (i) In general In approving an application for a loan guarantee under subsection (c)(1) ; and (ii) by adding at the end the following: (ii) Waiver The Secretary may waive the feasibility study under clause (i) for proven or otherwise commercially available technologies. ; and (D) in subparagraph (B) (as so redesignated), by striking loan guarantee applications and inserting applications for loan guarantees under subsection (c)(1) ; (5) by redesignating subsection (e) as subsection (k); (6) by inserting after subsection (d) the following: (e) Grants (1) Selection criteria (A) In general In approving applications for grants under subsection (c)(2), the Secretary shall establish a priority scoring system that assigns priority scores to each application and only approve applications that exceed a specified minimum score, as determined by the Secretary. (B) Feasibility (i) In general In approving an application for a grant under subsection (c)(2), the Secretary shall determine the technical and economic feasibility of the project based on a feasibility study of the project described in the application conducted by an independent third party. (ii) Waiver The Secretary may waive the feasibility study under clause (i) for proven or otherwise commercially available technologies. (C) Scoring system The priority scoring system established under subparagraph (A) shall consider, with respect to a project proposed in an application for a grant under subsection (c)(2)— (i) the potential market for the advanced biofuel, renewable chemical, or biobased product, and the byproducts produced under the project; (ii) the level of financial participation by the eligible entity, including support from non-Federal and private sources; (iii) whether the eligible entity is proposing to use— (I) a feedstock not previously used in the production of advanced biofuels