Yes, if the member meets the qual standards they are eligible to wear the insignia. No, there is no application. Members who believe they meet the qual standards should provide documentation to their command as evidence that they qualify. Yes, there will be a way. The unit is to use unit AFC-30 funds for the members initial issue.
Subsequent procurements are the responsibility of the individual member.
The unit XO can award the insignia to the CO just as in the case of the Cutterman's Pin aboard a cutter. All applications for the insignia must be submitted hard copy with supporting documentation. Hopefully, this answers some of your questions on the new insignia.