500 Ind. Admin. Code 3-1-11

Current through December 4, 2024
Section 500 IAC 3-1-11 - "Twenty-first century scholarship" defined

Authority: IC 21-18.5-4-9

Affected: IC 12-12-1-14

Sec. 11.

"Twenty-first century scholarship" shall be a tuition scholarship under IC 20-12-70-7[IC 20-12 was repealed by P.L. 2-2007, SECTION 390, effective July 1, 2007. See IC 21-12-1-14.] to include financial assistance provided to a student to offset the costs of tuition and other regularly assessed fees incurred by the student in attending an institution of higher learning. Tuition and fee levels must be approved by the commission and reflect current year tuition and regularly assessed fees. Scholarship awards shall be computed as follows:

(1) If the scholarship applicant attends a state educational institution (as defined in IC 20-12-0.5-1[IC 20-12 was repealed by P.L. 2-2007, SECTION 390, effective July 1, 2007.]), the award shall be the student's tuition and regularly assessed fees, less any award to which the student is entitled under the Higher Education Award Program (IC 20-12-21-11.5[IC 20-12 was repealed by P.L. 2-2007, SECTION 390, effective July 1, 2007.]) and any other tuition specific financial assistance.
(2) If the scholarship applicant attends a private institution of higher education (as defined in IC 20-12-63-3[IC 20-12 was repealed by P.L. 2-2007, SECTION 390, effective July 1, 2007.]), the award shall be the lesser of:
(A) the tuition cap established by the commission, less any award to which the student is entitled under the Higher Education Award Program (IC 20-12-21-11.5[IC 20-12 was repealed by P.L. 2-2007, SECTION 390, effective July 1, 2007.]) and the Freedom of Choice Program (IC 20-12-21-15[IC 20-12 was repealed by P.L. 2-2007, SECTION 390, effective July 1, 2007.]);
(B) the actual tuition and regularly assessed fees, less any award to which the student is entitled under the Higher Education Award Program (IC 20-12-21-11.5[IC 20-12 was repealed by P.L. 2-2007, SECTION 390, effective July 1, 2007.]), the Freedom of Choice Program (IC 20-12-21-15[IC 20-12 was repealed by P.L. 2-2007, SECTION 390, effective July 1, 2007.]), and any other tuition specific financial assistance; or
(C) an average of the full tuition and fee amounts of all state educational institutions not including the Ivy Tech State College.
(3) If the scholarship applicant attends a proprietary institution of higher education (as defined in IC 20-1-19-1[IC 20-1 was repealed by P.L. 1-2005, SECTION 240, effective July 1, 2005.]), the award shall be the amount of an award the student could receive if the student were enrolled at Ivy Tech State College.

500 IAC 3-1-11

Commission for Higher Education of the State of Indiana; 500 IAC 3-1-11; filed Jan 9, 1996, 5:00 p.m.: 19 IR 1355; readopted filed Nov 30, 2001, 10:52 a.m.: 25 IR 1300; readopted filed Nov 30, 2007, 8:58 a.m.: 20071226-IR-585070702RFA

Transferred from the State Student Assistance Commission ( 585 IAC 8-1-12) to the Commission for Higher Education of the State of Indiana ( 500 IAC 3-1-11) by IC 21-18.5-1-2(c), effective July 1, 2012.