(a)      (1)      A person may not knowingly make or cause to be made a false statement or report in a document required to be submitted to the Department relating to a grant or loan.

            (2)      A grant or loan applicant may not knowingly make or cause to be made any false statement or report to influence the action of the Department on a grant or loan application or a grant or loan already made.

      (b)      A person who violates this section is guilty of a misdemeanor and on conviction is subject to imprisonment not exceeding 2 years or a fine not exceeding $50,000 or both.