Section 3. Powers and Duties.--The Department of Public Instruction and the Public Service Institute Board shall have the power and their duty shall be:
(1) To fix the salaries of the employes of the school in conformity with the standards established by the Executive Board;
(2) To make rules and regulations for the government and management of the school and the admission of firemen from the various political subdivisions thereto;
(3) To prescribe the courses of study and the practical training in connection therewith;
(4) To accept on behalf of the Commonwealth donations of land or equipment for the use of said school.