The commissioner of higher education and the commissioner of education, in consultation with the comptroller and the Texas Workforce Commission, shall establish application criteria for a grant under this subchapter and in making an award shall give priority to courses that:
(1) will prepare students for high-demand, high-wage, and high-skill occupations and further postsecondary study;
(2) may be transferred as college credit to multiple institutions of higher education; and
(3) are developed as part of a sequence of courses that includes statewide availability of the instructional materials and training for the courses at a nominal cost to public educational institutions in this state.