Each applicant shall, in accordance with the provisions of this subchapter and the rules of the Division of Career and Technical Education:
(1) Complete and file with the division the appropriate application for the scholarship and such other information and data as may be requested by the division in determining the eligibility of the student;
(2) Furnish to the division information regarding any change in status of the student or any other information that might have a direct bearing on the eligibility of the applicant; and
(3) Provide the division with verification that the scholarship was used in accordance with the purposes of this subchapter.