An applicant seeking a grant from the Native American achievement schools grant program shall:
(1) Be an accredited public school within the State of South Dakota;
(2) Serve a student population for which the school-level results for the 2014-15 academic year on the state academic assessment are below the statewide average proficiency in English language arts and mathematics;
(3) Serve a student population of which at least fifty percent is comprised of Native American students;
(4) Demonstrate access to a physical facility that is adequate for implementation of the project; and
(5) Demonstrate the ability to complete the project in accordance with all requirements of §§ 1-54-13 to 1-54-20, inclusive, state and federal laws and regulations, and policies of the department.