To be eligible for a qualified work-based learning grant, an employer who accepts or employs a qualified work-based learning student must submit an application to the program operator on a form prescribed by the program operator, along with any supporting documentation required by the program operator. The program operator shall establish a formal process and deadline for receiving an employer's application. An employer that fails to submit an application by the program operator's established deadline shall not receive any grant allowed under this part. THEC may develop policies and procedures to approve applications.