361—12.4 (668A) Criteria. In determining whether to grant an application for money from the fund, the executive council shall consider the following factors:
	  1. 	 The purpose for which the money will be utilized;
	  2. 	 The number of people who will be served by the money;
	  3. 	 The availability to the applicant of alternative sources of money;
	  4. 	 The degree to which the applicant complied with legal restrictions on the use of the money under any prior applications.