a) The Program Board shall be responsible for:

1. 1) establishing policies and program guidelines for the operation of the DFI grant program.
2. 2) prioritizing fields of study for awarding DFI funds annually.
3. 3) creating the application materials and setting application deadlines.
4. 4) reviewing and approving applications for participation in the DFI grant program.
5. 5) establishing criteria to promote placement of DFI fellows.
6. 6) reporting annually to the Board on program outcomes and results. (Section 4 of the Act)
7. b) The Program Board shall meet at least three times per year.
8. c) Program Board members are expected to consistently attend Program Board meetings.