Indiana § 20-51.4-4.5-4 Career scholarship account program fund; uses; administration

Indiana Statutes

§ 20-51.4-4.5-4 — Career scholarship account program fund; uses; administration

Indiana § 20-51.4-4.5-4

Title 20EDUCATION

Art. 51.4INDIANA EDUCATION SCHOLARSHIP

Ch. 4.5Career Scholarship Account Program Fund and

This text of Indiana § 20-51.4-4.5-4 (Career scholarship account program fund; uses; administration) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 20-51.4-4.5-4 (2026).

Text

Note: This version of section effective until 7-1-2026. See also following version of this section, effective 7-1-2026. Sec. 4.

(a)The career scholarship account program fund is established for the purpose of providing grants to career scholarship students under the CSA program.

(b)The treasurer of state shall administer the CSA program fund.

(c)The CSA program fund consists of the following:

(1)Appropriations by the general assembly.

(2)Interest deposited in the CSA program fund under subsection

(d).

(3)Amounts transferred to the CSA program fund from the career scholarship account administration fund under section 5(e) of this chapter.

(d)The treasurer of state shall invest money in the CSA program fund not currently needed to meet the obligations of the CSA program fund in the sa

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Note: This version of section effective until 7-1-2026. See also
following version of this section, effective 7-1-2026.
Sec. 4. (a) The career scholarship account program
fund is established for the purpose of providing grants to career
scholarship students under the CSA program.
(b) The treasurer of state shall administer the CSA program fund.
(c) The CSA program fund consists of the following:
(1) Appropriations by the general assembly.
(2) Interest deposited in the CSA program fund under subsection
(d).
(3) Amounts transferred to the CSA program fund from the career
scholarship account administration fund under section 5(e) of this
chapter.
(d) The treasurer of state shall invest money in the CSA program
fund not currently needed to meet the obligations of the CSA program
fund in the same manner as other public money may be invested.
Interest that accrues from these investments shall be deposited in the
CSA program fund.
(e) Money in the CSA program fund at the end of a state fiscal year
reverts to the state general fund.