Section 270.60  Allocation of Funds

a)         Applications for funding shall be approved and final determinations regarding the amounts to be provided shall be made based upon the total funds appropriated for this initiative, the amounts necessary to fund the top-ranked proposals, and the need to promote students' participation in rigorous academic coursework on a statewide basis.

b)         It is the intention of the State Board of Education to approve grants under this Part for a three-year period.  Funding for the second and third years shall be contingent upon the availability of funds for the program and evidence presented in renewal proposals in accordance with Section 270.30(h) of this Part.  A district that has received three years' funding under this Part may subsequently apply as a new applicant.