500 Ind. Admin. Code 1-1-7

Current through January 8, 2025

Section 500 IAC 1-1-7 - Schedule of allowable tuition and regularly assessed fees

Authority: IC 21-18.5-4-9

Affected: IC 21-12-3; IC 21-12-4-4

Sec. 7.

Unless otherwise approved by the commission, the commission's awards shall be directly related to actual tuition and regularly assessed fees charged to students by the approved institutions. Applicants are only eligible for one (1) academic year's worth of state assistance within a twelve (12) month period. For purposes of establishing the tuition and fee basis for its awards, the commission annually shall do the following:

(1) Collect tuition and fee information for the academic year in which an application period falls from each approved institution.

(2) Compute tuition charges for an academic year on the basis of actual credit hours if greater than eleven (11) or a maximum of fifteen (15) credit hours times the number of enrollment periods in an academic year.

(3) Add to the computed tuition figure all regularly assessed fees.

(4) Develop a schedule showing allowable tuition and fees for each approved institution.

The commission annually shall adopt a schedule of allowable tuition and fees.

500 IAC 1-1-7

Commission for Higher Education of the State of Indiana; 500 IAC 1-1-7; filed Feb 26, 1986, 4:10 p.m.: 9 IR 1578; filed Jan 9, 1996, 5:00 p.m.: 19 IR 1364; readopted filed Nov 30, 2001, 10:52 a.m.: 25 IR 1294; readopted filed Nov 30, 2007, 8:58 a.m.: 20071226-IR-585070702RFA

Transferred from the State Student Assistance Commission ( 585 IAC 1-9-7) to the Commission for Higher Education of the State of Indiana ( 500 IAC 1-1-7) by IC 21-18.5-1-2(c), effective July 1, 2012.