Section 20-43-10.5-4 - Academic achievement awards calculation(a) Each state fiscal year, the department, in consultation with the commission for higher education, shall determine the following with respect to each school corporation:(1) Each student who: (A) was enrolled in the school corporation in the state fiscal year before the immediately preceding state fiscal year; and(B) successfully completed a dual credit or dual enrollment course. The amount of a school corporation's grant based on a student described under this subdivision is equal to the number of credit hours completed by the student multiplied by forty dollars ($40), but may not exceed one thousand two hundred dollars ($1,200).
(2) Each student who: (A) was enrolled in the school corporation in the state fiscal year before the immediately preceding state fiscal year; and(B) successfully completed Indiana College Core 30 (IC 21-42-3). The amount of a school corporation's grant based on a student under this subdivision is equal to one thousand five hundred dollars ($1,500).
(3) Each student who:(A) was enrolled in the school corporation in the state fiscal year before the immediately preceding state fiscal year; and(B) successfully completed requirements for an associate degree, including those earned through transfer as a junior pathways. The amount of a school corporation's grant based on a student under this subdivision is equal to two thousand five hundred dollars ($2,500).
(b) To be eligible to be counted under subsection (a)(1), a credit completed must be accepted as part of the Indiana core transfer library under IC 21-42-5-1.Added by P.L. 201-2023,SEC. 212, eff. 6/29/2023.