2013 Indiana Code
TITLE 21. HIGHER EDUCATION
ARTICLE 12. GENERAL SCHOLARSHIPS AND GRANTS
CHAPTER 1.7. ESTABLISHMENT OF AWARD AMOUNTS BY THE COMMISSION FOR HIGHER EDUCATION
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IC 21-12-1.7
Chapter 1.7. Establishment of Award Amounts by the
Commission for Higher Education
Effective 9-1-2013.
IC 21-12-1.7-1
"Academic honors student"
Effective 9-1-2013.
Sec. 1. For purposes of this chapter, "academic honors student"
refers to a student who:
(1) for the student's first academic year, graduated from high
school with an academic honors diploma or technical honors
diploma; or
(2) for a student's most recently concluded academic year that
is after the student's first academic year, maintained a
cumulative grade point average of at least 3.0 on a 4.0 grading
scale or its equivalent as established by the eligible institution.
As added by P.L.281-2013, SEC.5.
IC 21-12-1.7-2
"Accelerated progress"
Effective 9-1-2013.
Sec. 2. For purposes of this chapter, "accelerated progress" means
successfully completing:
(1) at least thirty-nine (39) credit hours or the equivalent by the
end of the student's first academic year; or
(2) at least seventy-eight (78) credit hours or the equivalent by
the end of the student's second academic year.
As added by P.L.281-2013, SEC.5.
IC 21-12-1.7-3
Annual publication of schedule of award amounts
Effective 9-1-2013.
Sec. 3. (a) This section applies to an academic year beginning
after August 31, 2014. The commission shall publish annually a
schedule of award amounts for the higher education award and
freedom of choice grant issued under this article. The schedule must
provide award amounts on the basis of the recipient's expected
family contribution. The expected family contribution shall be
derived from information submitted on the recipient's financial aid
application form. The commission shall determine award amounts
separately for:
(1) recipients attending approved public state educational
institutions (except Ivy Tech Community College);
(2) Ivy Tech Community College;
(3) recipients attending a nonprofit college or university listed
in IC 21-7-13-6(c); and
(4) recipients attending approved postsecondary credit bearing
proprietary institutions.
(b) The schedule of award amounts published under subsection (a)
shall offer a larger award to a recipient who, as of the student's most
recently concluded academic year, has successfully completed:
(1) at least thirty (30) credit hours or the equivalent by the end
of the student's first academic year;
(2) at least sixty (60) credit hours or the equivalent by the end
of the student's second academic year; or
(3) at least ninety (90) credit hours or the equivalent by the end
of the student's third academic year.
A student's academic years used to determine if the student meets the
requirements of this subdivision are not required to be successive
calendar years.
(c) The schedule of award amounts shall set forth an amount for
recipients described in subsection (a)(1) that is equal to fifty percent
(50%) of the amount for recipients described in subsection (a)(3).
(d) This subsection expires September 1, 2016. A student that
initially enrolls in an eligible institution for an academic year
beginning before September 1, 2013, is eligible for the larger award
determined under subsection (b) regardless of the student's credit
completion.
As added by P.L.281-2013, SEC.5.
IC 21-12-1.7-4
Additional awards; performance incentives
Effective 9-1-2013.
Sec. 4. (a) This section applies to a student who initially enrolls
in an eligible institution for an academic year beginning after August
31, 2013.
(b)The commission shall offer an additional award to a recipient
who:
(1) is an academic honors student;
(2) received an associate degree before enrolling in a
baccalaureate degree program; or
(3) made accelerated progress during the recipient's most
recently concluded academic year.
(c) The commission may establish one (1) or more student
performance incentives in addition to those listed under subsection
(b).
(d) The commission shall determine the amount of each incentive
bonus annually, based on the available appropriation.
As added by P.L.281-2013, SEC.5.
IC 21-12-1.7-5
Reduction of awards
Effective 9-1-2013.
Sec. 5. (a) If the sum of awards under sections 3 and 4 of this
chapter exceeds the appropriation in a given year, the commission
shall reduce the level of awards offered under section 4 of this
chapter as necessary so that the sum of awards under sections 3 and
4 of this chapter does not exceed the appropriation.
(b) The commission may increase, but shall not decrease, the
amounts of awards published under section 1 of this chapter from the
amount offered the previous academic year.
As added by P.L.281-2013, SEC.5.
IC 21-12-1.7-6
Use of annual award amounts
Effective 9-1-2013.
Sec. 6. (a) As used in this section, "annual award amount" refers
to:
(1) for a recipient of a Frank O'Bannon award, the amount a
recipient is entitled to receive under sections 3 and 4 of this
chapter; or
(2) for a recipient of a twenty-first century scholars award, the
amount a recipient is entitled to receive under IC 21-12-6.
(b) The annual award amount may be used in any of the academic
terms offered by an eligible institution, including summer terms.
(c) An eligible institution, in consultation with the recipient, may
reserve up to one hundred percent (100%) of a recipient's annual
award amount for use in the summer.
As added by P.L.281-2013, SEC.5.
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