2016 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
Download as PDF
<![CDATA[IC 21-12-1.7
Chapter 1.7. Establishment of Award Amounts by the
Commission for Higher Education
IC 21-12-1.7-1
"Academic honors student"
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"
Sec. 2. (a) This subsection expires June 30, 2017. 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.
(b) This subsection applies to an academic year beginning after
August 31, 2017. For purposes of this chapter, "accelerated progress"
means successfully completing at least thirty-nine (39) credit hours
or the equivalent during the student's first academic year or second
academic year.
As added by P.L.281-2013, SEC.5. Amended by P.L.165-2016,
SEC.1.
IC 21-12-1.7-3
Annual publication of schedule of award amounts; applying credits
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
Indiana Code 2016
in IC 21-7-13-6(a)(1)(C); and
(4) recipients attending approved postsecondary credit bearing
proprietary institutions.
(b) This subsection expires June 30, 2017. 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) This subsection applies to an academic year beginning after
August 31, 2017. The schedule of award amounts published under
subsection (a) must offer a larger award to first time and prior
recipients who successfully completed:
(1) at least thirty (30) credit hours or the equivalent during the
last academic year in which the student received state financial
aid; or
(2) at least thirty (30) credit hours or the equivalent during the
last academic year in which the student was enrolled in a
postsecondary educational institution.
(d) In determining eligibility under subsection (c), the commission
shall apply all the following types of credits regardless of whether
the credits were completed during the last academic year described
in subsection (c)(1) or (c)(2):
(1) Credits earned from dual credit, advanced placement, and
international baccalaureate courses.
(2) College credits earned during high school.
(3) Credits earned exceeding thirty (30) credit hours during a
previous academic year in which a student received state
financial aid.
(e) 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).
(f) 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. Amended by P.L.2-2014, SEC.91;
P.L.165-2016, SEC.2.
IC 21-12-1.7-4
Indiana Code 2016
Additional awards; performance incentives
Sec. 4. (a) 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.
(b) The commission may establish one (1) or more student
performance incentives in addition to those listed under subsection
(a).
(c) 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. Amended by P.L.165-2016,
SEC.3.
IC 21-12-1.7-5
Reduction of awards
Sec. 5. 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.
As added by P.L.281-2013, SEC.5. Amended by P.L.234-2015,
SEC.5; P.L.165-2016, SEC.4.
IC 21-12-1.7-6
Use of annual award amounts
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.
Indiana Code 2016
]]>
Disclaimer: These codes may not be the most recent version.
Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
