The board shall conduct the grant process in accordance with the following schedule:
(1) The director shall develop an application form in conformance with section 39-3205, Idaho Code, and make guidance available no later than July 1 which shall initiate the application period.
(2) The completed application shall be submitted no later than August 30 of the application period.
(3) The board shall issue notification to every applicant regarding the disposition of their grant request by October 30 of the grant period.
(4) Funds for approved grants shall be disbursed during November of that grant period or over the course of the current grant year as funds become available.