The Student Aid Commission shall do all of the following:
(a)
Adopt any necessary rules, regulations, and guidelines to assist participating employers and institutions to administer the program.
(b)
Ensure that student placements are consistent with the objectives stated in Section 69959.
(c)
Monitor institutional expenditures to ensure proper allocation and utilization of work-study funds.
(d)
At the close of each fiscal year, compile data regarding the population served by the program during that fiscal year.
(e)
Review the administrative practices of each participating institution to ensure compliance with program requirements.
(f)
Ensure that appropriate audits of the program are conducted.