(a) Duties. Each Program lead sponsor shall perform the following duties:

1. (1) Grant certificates and associate degrees to students who have completed a program of study through the Program.
2. (2) Provide oversight of the Program through the governance entity of the lead sponsor.
3. (3) Establish the student entrance requirements which adhere to standards and guidelines issued by the Department.
4. (4) Administer the Program on a not-for-profit basis and submit annual financial information as required by the Department.
5. (5) Provide for faculty, curriculum and necessary equipment to ensure consistently high quality instruction for each program of study.
6. (6) Offer courses to students that enables the full-time student to complete the Program in the specified amount of time or equivalency if a part-time student.
7. (7) Ensure that academic support services are available to students in a Program.
8. (8) Provide access to remedial and developmental coursework or accelerated remediation.
9. (9) Ensure that students who have met the entrance requirements are not required to take courses separate from the Program to complete the certificate or associate degree.
10. (10) Ensure that students in the Programs will be eligible for financial aid in the same manner as similarly situated students enrolled in the lead sponsor.
11. (11) Ensure that the opportunity exists for all students to complete the Program.
12. (12) Ensure that each program of study offered by a Program is designed to maximize students’ ability to transfer credits earned through the Program to another institution of higher education.
13. (13) Submit all reports as required by the Department.