The State Board of Education shall prescribe reasonable rules and regulations providing for the administration of this article under the State School Superintendent. The state board may also prescribe all forms and reports deemed necessary for implementation of this article. Such rules and regulations shall prescribe the minimum academic standards that must be met by any nonsectarian private school attended by a child in order to entitle such child to an education grant under this article; provided, however, that such minimum academic standards as may be prescribed shall not exceed or be more stringent than the minimum academic standards applicable to the public elementary and secondary schools of this state. Such rules and regulations shall not deal in any manner with the requirements of nonsectarian private schools relating to eligibility of pupils that may be admitted thereto or with the physical plant facilities of any private schools. The Superintendent may require each school to furnish him such information and records as may be deemed necessary to enable him to make a determination as to whether such school shall be eligible under this article. A failure by any school to produce all such information and records as may be requested shall be grounds for the Superintendent to omit the name of such school on the list of schools furnished to the local boards of education as provided in Code Section 20-2-646.