(1) an established record of conducting effective collaborative educational programs with neighboring secondary schools;

(2) the ability and willingness to cooperate with other postsecondary institutions in operating a program funded pursuant to this section;

(3) the capacity to secure or provide additional support in amounts equal to at least twenty-five percent of the grant sought under this section through private and other governmental sources and through in-kind services;

(4) a location within a school district with an enrollment comprised of at least twenty percent minority group students or a location near such a district that is accessible by public transportation. b. The commissioner shall select the grant recipients after consultation with the council. To the fullest extent practicable the commissioner and the council shall ensure that grants are awarded to eligible applicants in a diversity of regions of the state. 6. To be selected to participate in a program funded pursuant to this section, an eligible student must exhibit the potential for college level study if provided with special services, as indicated by academic record, test scores, attendance record, personal references, and other measures deemed appropriate by the commissioner. 7. No grant pursuant to this section shall exceed two hundred thousand dollars to any eligible applicant in a single state fiscal year unless the eligible applicant is a consortium comprised of two or more institutions of post-secondary education or unless the eligible applicant is conducting summer classes as an approved part of its program. 8. The commissioner is authorized to require eligible applicants receiving funds pursuant to this section to report periodically upon: a. compliance with the approved plan; b. the objectives of the applicant's program; c. the curricula and the activities and services offered by the program; d. the sources of support and the expenditures of the program; e. the background and progress of students selected to participate in the program; f. the performance of the program in meeting the evaluation standards established pursuant to this section; and g. other matters the commissioner deems appropriate.