Indiana § 21-18-16-2 Duty to create formula; align with long range plan for postsecondary
education

Indiana Statutes

§ 21-18-16-2 — Duty to create formula; align with long range plan for postsecondary education

Indiana § 21-18-16-2

Title 21HIGHER EDUCATION

Art. 18COMMISSION FOR HIGHER EDUCATION

Ch. 16Outcomes Based Funding Formula

This text of Indiana § 21-18-16-2 (Duty to create formula; align with long range plan for postsecondary education) 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 § 21-18-16-2 (2026).

Text

(a)The commission shall create a higher educational operating funding outcomes based formula that aligns with the goals outlined in the commission's long range plan for postsecondary education under IC 21-18-8.

(b)The commission shall create a separate higher educational operating funding outcomes based formula for Ivy Tech Community College that:

(1)aligns with the goals outlined in the commission's long range plan for postsecondary education under IC 21-18-8; and

(2)focuses on employer needs, positive wage outcomes, and stackable credentials.

(c)An outcomes based funding formula must be created and approved by the commission at a meeting of the commission on or before October 1 of each even-numbered year prior to each odd-numbered year in which the general assembly will reconvene in

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(a) The commission shall create a higher
educational operating funding outcomes based formula that aligns with
the goals outlined in the commission's long range plan for
postsecondary education under IC 21-18-8.
(b) The commission shall create a separate higher educational
operating funding outcomes based formula for Ivy Tech Community
College that:
(1) aligns with the goals outlined in the commission's long range
plan for postsecondary education under IC 21-18-8; and
(2) focuses on employer needs, positive wage outcomes, and
stackable credentials.
(c) An outcomes based funding formula must be created and
approved by the commission at a meeting of the commission on or
before October 1 of each even-numbered year prior to each
odd-numbered year in which the general assembly will reconvene in a
first regular session and consider a state budget bill.
(d) The commission shall approve the metrics used for an outcomes
based funding formula created under this chapter.