CHAPTER 8. PART-TIME STUDENT GRANT PROGRAM AND FUND - Indiana Statutes

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.