(a) A library eligible for a grant under AS 14.56.360 must be a public school library established and supported by a school district that
- (1) provides physical space or, if a correspondence school operated by a school district, resources for use as a library;
- (2) provides regularly scheduled library hours for all students enrolled in the school;
- (3) provides designated library personnel to staff the library;
- (4) provides acceptable evidence of the promotion of library and information literacy standards;
- (5) maintains an annual library budget that includes library staffing and materials; and
- (6) contributes, from the school district's budget, an amount that is not less than the grant award that is paid for library collection materials or contributes in-kind value of services.