To the extent that funds are available, the Department shall distribute up to 50 grants in at least three school systems for a 2-year period. In awarding grants under the Initiative, the Department will fund only those qualifying schools that use literacy programs that utilize various evidence-based approaches and methodologies for: Comparison purposes; and The collection of multiple data points for long-term review. If the number of applications exceeds the number of available grants, the Department shall give priority to a qualifying school serving a high concentration of students in prekindergarten through third grade who are living in poverty. A grant made to each qualifying school may not exceed $75,000 each year. A grant made under this section shall be renewed by the Department after a 2-year period if the qualifying school presents evidence that the qualifying school is: In compliance with all grant requirements; and Meeting identified targets and benchmarks.