The department of elementary and secondary education shall:

(1)  Establish policies and procedures for the academy consistent with this chapter;

(2)  Carry out the following responsibilities:

(i)  Inform all school systems of the functions and funding of the academy;

(ii)  Review and approve proposals submitted by local school systems;

(iii)  Help to create new and productive approaches of providing direct services to meet the needs of LEP gifted and talented students;

(iv)  Consult with the gifted and LEP state advisory committees on the operation of the academy program;

(v)  Assure that services funded under the academy’s auspices are direct and supplementary services to LEP gifted and talented students;

(vi)  Monitor funded programs;

(vii)  Report on progress of programs funded under the academy.