(a) Funding for loans and principal forgiveness under this Chapter is subject to a supplemental congressional appropriation in the American Recovery and Reinvestment Act of 2009. To facilitate key provisions of this Act the Board will consider funding applications for:
(b) The Board shall award loans and principal forgiveness under the provisions of this Chapter in such a manner and to such applicants as shall, in the judgment of the Board, inure to the greatest benefit of the citizens of the State of Wyoming and represent a prudent use of available funding.
060-31 Wyo. Code R. § 31-3