§ 21-15-2-1 — Board of trustees; power to award financial aid; conditions; exclusions of certain financial benefits or resources received by veteran students

(a) This section applies to the board of trustees
of the following state educational institutions:
(1) Ball State University.
(2) Indiana University.
(3) Indiana State University.
(4) Purdue University.
(5) University of Southern Indiana.
(b) The board of trustees of a state educational institution may
award financial aid to students and groups of students out of the
available resources of the state educational institution through:
(1) scholarships;
(2) fellowships;
(3) loans; and
(4) remissions of fees, tuition, charges, or other funds;
on the basis of financial need, excellence of academic achievement or
potential achievement, or any other basis that the board of trustees
finds to be reasonably related to the educational purposes and
objectives of the institution.
(c) When determining financial eligibility for need based financial
aid available to a veteran student (as defined in IC 21-41-12-2), each
state educational institution shall exclude any financial benefit or
financial resources received by the veteran student from any of the
following sources:
(1) The Servicemen's Readjustment Act of 1944, as amended, and
other acts of Congress granting a right, privilege, or benefit to
veterans.
(2) The federal Rehabilitation Act of 1973 (29 U.S.C. 701 et seq.)
and amendments to that statute, including programs administered
by the division of disability and rehabilitative services established
by IC 12-9-1-1 under the federal act.
(3) The federal Social Security Act.
[Pre-2007 Higher Education Recodification Citation:
20-12-1-2(a)(8) part.]

Legislative History

As added by P.L.2-2007, SEC.256. Amended by P.L.22-2018, SEC.2.