§ 20-43-3-1 — Rounding conventions

Indiana § 20-43-3-1

• Jurisdiction: Indiana
• Title 20: EDUCATION
• Art. 43: STATE TUITION SUPPORT
• Ch. 3: General Computations; Amounts Used in State Tuition

Text

If a computation under this article results in a
fraction and a rounding rule is not specified, the fraction shall be
rounded as follows:
(1) All calculations related to the complexity index shall be
computed by rounding to the nearest ten thousandth (0.0001).
(2) All tuition support distributions shall be computed by
rounding the levy or tuition support distribution to the nearest
dollar ($1) amount.
(3) The fraction calculated in IC 20-43-2-4 shall be computed by
rounding to the nearest one millionth (0.000001).
(4) If a calculation is not covered by subdivision (1), (2), or (3),
the result of the calculation shall be rounded to the nearest one
hundredth (0.01).
[Pre-2006 Recodification Citation: 21-3-1.7-7.]

Legislative History

As added by P.L.2-2006, SEC.166. Amended by P.L.234-2007, SEC.237; P.L.146-2008, SEC.483.