Indiana § 21-12-6-10.3 Calculation of scholarship amounts

Indiana Statutes

§ 21-12-6-10.3 — Calculation of scholarship amounts

Indiana § 21-12-6-10.3

Title 21HIGHER EDUCATION

Art. 12GENERAL SCHOLARSHIPS AND GRANTS

Ch. 6Twenty-First Century Scholars Program; Tuition Grants

This text of Indiana § 21-12-6-10.3 (Calculation of scholarship amounts) 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 § 21-12-6-10.3 (2026).

Text

3.

(a)This section applies to a student who qualifies for a scholarship under section 6 or 7 of this chapter, if the student initially enrolls in the program after June 30, 2011. Applicants who are enrolled in the program before July 1, 2011, will not have an income or financial resources test applied to them under this section when they subsequently apply for a scholarship or apply to renew a scholarship.

(b)A scholarship applicant shall be awarded the following amount as adjusted under subsections (c) and (d):

(1)If the scholarship applicant attends an approved postsecondary educational institution that is a state educational institution, the full educational costs that the scholarship applicant would otherwise be required to pay at the eligible institution.

(2)If the scholarship app

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3. (a) This section applies to a student who
qualifies for a scholarship under section 6 or 7 of this chapter, if the
student initially enrolls in the program after June 30, 2011. Applicants
who are enrolled in the program before July 1, 2011, will not have an
income or financial resources test applied to them under this section
when they subsequently apply for a scholarship or apply to renew a
scholarship.
(b) A scholarship applicant shall be awarded the following amount
as adjusted under subsections (c) and (d):
(1) If the scholarship applicant attends an approved postsecondary
educational institution that is a state educational institution, the
full educational costs that the scholarship applicant would
otherwise be required to pay at the eligible institution.
(2) If the scholarship applicant attends an approved postsecondary
educational institution that is private, the greater of the:
(A) average of the educational costs of all state educational
institutions, not including Ivy Tech Community College; or
(B) amount the applicant is eligible to receive under IC 21-12-4.
(3) If the scholarship applicant attends an approved postsecondary
educational institution that is a postsecondary credit bearing
proprietary educational institution, the lesser of the educational
costs that the scholarship applicant would otherwise be required
to pay at the postsecondary credit bearing proprietary educational
institution or the educational costs of Ivy Tech Community
College.
(c) The amount of an award under subsection (b) shall be reduced
by:
(1) for an amount awarded before September 1, 2014:
(A) the amount of the Frank O'Bannon grant awarded to the
scholarship applicant; plus
(B) an additional amount based on the federal needs
calculation, if necessary, as determined by the commission, to
provide scholarships within the available appropriation; or
(2) for an amount awarded after August 31, 2014, the amount
based on the federal needs calculation, if necessary, as determined
by the commission, to provide scholarships within the available
appropriation.
(d) The total of all tuition scholarships awarded under this section
in a state fiscal year may not exceed the amount available for
distribution from the fund for scholarships under this chapter. If the
total amount to be distributed from the fund in a state fiscal year
exceeds the amount available for distribution, the amount to be
distributed to each eligible applicant shall be proportionately reduced
so that the total reductions equal the amount of the excess based on the
relative financial need of each eligible applicant.

Legislative History

As added by P.L.169-2011, SEC.11. Amended by P.L.229-2011, SEC.230; P.L.107-2012, SEC.25; P.L.281-2013, SEC.19; P.L.178-2018, SEC.5; P.L.52-2022, SEC.2.