CHAPTER 8. PART-TIME STUDENT GRANT PROGRAM AND FUND
IC 21-12-8
Chapter 8. Part-Time Student Grant Program and Fund
IC 21-12-8-1
Part-time student grant fund; administration
Sec. 1. (a) The part-time student grant fund is established to make
awards authorized under this chapter to eligible applicants.
(b) The fund consists of the following:
(1) Appropriations made by the general assembly.
(2) Gifts, grants, devises, or bequests made to the state to
achieve the purposes of the fund.
(c) The fund shall be administered by the commission.
(d) The fund must be separate and distinct from other funds
administered by the commission and money in the fund may not be
exchanged with or transferred to other funds.
(e) The treasurer of state shall invest the money in the fund not
currently needed to meet the obligations of the fund in the same
manner as other public funds are invested.
(f) Money in the fund at the end of a state fiscal year does not
revert to the state general fund but remains available to be used for
providing money for part-time student grants under this chapter.
As added by P.L.2-2007, SEC.253. Amended by P.L.234-2007,
SEC.53.
IC 21-12-8-2
Duties of commission
Sec. 2. The commission shall do the following:
(1) Adopt rules under IC 4-22-2 governing the operation of the
fund, including rules specifying the procedures that applicants
must follow to appeal determinations made under subdivisions
(3) and (4).
(2) Prescribe the form and manner in which applications for
part-time student grants may be submitted.
(3) Determine the eligibility of applicants.
(4) Determine the amount of a part-time student grant awarded
to a recipient.
As added by P.L.2-2007, SEC.253.
IC 21-12-8-3
Eligibility for grant
Sec. 3. An applicant is eligible to receive a part-time student grant
if the following conditions are met:
(1) The applicant is domiciled in Indiana, as defined by the
commission.
(2) The applicant:
(A) has received a diploma of graduation from an approved
secondary school;
(B) has been granted a:
(i) high school equivalency certificate before July 1, 1995;
or
(ii) state of Indiana general educational development
(GED) diploma under IC 20-10.1-12.1 (before its repeal)
or IC 20-20-6; or
(C) is a student in good standing who is completing a final
year of study at an approved secondary school and will be
eligible upon graduation to attend an approved institution of
higher learning.
(3) The applicant declares, in writing, a specific educational
objective or course of study and enrolls in:
(A) a course that applies toward the requirements for
completion of that objective or course of study; or
(B) a course designed to help the applicant develop the basic
skills the applicant needs to successfully achieve that
objective or continue in that course of study.
(4) The applicant enrolls in at least two (2) but fewer than
twelve (12) credit hours in any academic term.
(5) The commission or an approved postsecondary educational
institution acting as the commission's agent determines that the
financial resources available to the applicant are such that in the
absence of a grant under this chapter the applicant would be
deterred from beginning or completing the applicant's declared
educational objective or course of study.
As added by P.L.2-2007, SEC.253.
IC 21-12-8-4
Accumulated credit requirements
Sec. 4. The commission may establish accumulated credit
requirements as a condition of eligibility for an award made under
this chapter.
As added by P.L.2-2007, SEC.253.
IC 21-12-8-5
Renewal of grant
Sec. 5. Subject to this chapter, a student's part-time student grant
may be renewed if the student does the following:
(1) Makes satisfactory progress toward a certificate, nursing
diploma, associate degree, or baccalaureate degree.
(2) Demonstrates continuing financial need.
As added by P.L.2-2007, SEC.253.
IC 21-12-8-6
Amount of grant
Sec. 6. The commission shall determine the maximum number of
part-time student grants available to applicants. However, with
respect to a particular student, the total of the academic terms for
which:
(1) part-time student grants under this chapter; and
(2) Frank O'Bannon grants;
are made may not exceed the equivalent of eight (8) semesters of
full-time study. The commission shall treat each academic term for
which a Frank O'Bannon grant is made as one (1) academic term.
As added by P.L.2-2007, SEC.253.
IC 21-12-8-7
Repealed
(Repealed by P.L.125-2008, SEC.5.)
IC 21-12-8-8
Duties of agents
Sec. 8. The commission may permit an approved postsecondary
educational institution to act as its agent in accepting applications
from, determining eligibility for, and making awards to eligible
applicants of the approved postsecondary educational institution. The
approved postsecondary educational institution shall provide to the
commission on a timely basis any information, reports, and
accounting the commission requires.
As added by P.L.2-2007, SEC.253.