(1) An applicant shall submit an application fee with each application.

(a) A governmental or tribal applicant shall pay a $250 nonrefundable application fee for each renewable resource grant, small loan, and/or large loan application submitted.

(b) A private applicant shall pay a $150 nonrefundable application fee for each loan application submitted.

(2) All applications submitted to the bureau must be postmarked on or before May 15 or the next business day if May 15 falls on a Sunday or a federal holiday and post offices are closed. Electronic application submissions will not be accepted.