The Superintendent of Public Instruction will issue, with the application for a loan, a list of institutions offering specialized preparation that he approves as designed to develop competencies for teaching educationally handicapped minors. The applicant shall choose specialized preparation at an institution so listed.
The Superintendent of Public Instruction will consider for listing only colleges and universities that meet both of the following requirements:
(a) They are approved by the State Board of Education (or comparable agency in a state other than California) for preparing candidates for a teaching credential.
(b) They offer a program of specialized preparation in teaching educationally handicapped minors or portions of such a program in conjunction with a program of specialized preparation for teaching physically handicapped or mentally handicapped minors.