(B) Contents of application Each application submitted under this paragraph shall contain assurances that
(i) Close Up Fellowships for New Americans shall be made to economically disadvantaged middle
school and secondary
school recent immigrant students;
(ii) every effort shall be made to ensure the participation of recent immigrant students from rural, small town, and urban areas;
(iii) in awarding the fellowships to economically disadvantaged recent immigrant students, special consideration shall be given to the participation of those students with special educational needs, including students with disabilities, students with migrant parents, and ethnic minority students;
(iv) fully describe the activities to be carried out with the proceeds of the grant made under paragraph (1); and
(v) the funds received under this subsection shall be properly disbursed.