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scholarship under IC 20-12-70-7[IC 20-12 was repealed by P.L. 2-2007,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was repealed by P.L. 2-2007, SECTION 390, effective July 1, 2007.]),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(IC 20-12-21-11.5[IC 20-12 was repealed by P.L. 2-2007, SECTION 390,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[IC 20-12 was repealed by P.L. 2-2007, SECTION 390, effective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Education Award Program (IC 20-12-21-11.5[IC 20-12 was repealed by P.L.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Choice Program (IC 20-12-21-15[IC 20-12 was repealed by P.L. 2-2007,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Education Award Program (IC 20-12-21-11.5[IC 20-12 was repealed by P.L.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Program (IC 20-12-21-15[IC 20-12 was repealed by P.L. 2-2007, SECTION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[IC 20-1 was repealed by P.L. 1-2005, SECTION 240, effective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.
