(a) The department shall establish written procedures for providing grants or loans from the fund to charter schools. The written procedures must include at least the following:
- (1) An application procedure.
- (2) A procedure to identify projects that may qualify for a grant or loan.
- (3) Criteria for establishing the priority of projects for which grants or loans will be made.
- (4) Procedures for selecting projects for which grants or loans will be made.
- (b) To apply for a grant or loan from the fund, a charter school must submit an application that contains the information required by the department.
As added by P.L.91-2011, SEC.25.