(a) For purposes of participating in any Funding Round, one completed Application in hard-copy (Form CSFA 03-01) with original signatures and one CD-ROM or flash drive with a copy of the completed and signed Application along with the additional required documents as set forth in the Application and Section 10155 must be received by the Authority during regular business hours no later than the final filing date and time posted on the Authority's website. Applications shall be delivered to the Authority by mail or hand-delivery. The Authority will not accept emailed or faxed Applications. Applications received after the final filing date and time will not be accepted for review. Upon the development of an online Application system, an Applicant may submit an Application and all supporting documents via the online Application system.

(b) For purposes of Preliminary Apportionment, if the information provided in Form CSFA 03-01 is insufficient to allow the Authority to determine whether a charter school is financially sound, the Authority shall notify the Applicant, and reserves the right to request such additional information as will be necessary to make the determination. If after such request, the required information is not provided, the Authority reserves the right to find the Application incomplete and not eligible for consideration at which time the Authority shall notify the Board of that determination.