CHAPTER 4. FREEDOM OF CHOICE GRANT

IC 21-12-4
    Chapter 4. Freedom of Choice Grant

IC 21-12-4-1
Freedom of choice program; establishment
    Sec. 1. The freedom of choice grant program is established. Thecommission shall administer the freedom of choice grant program.
As added by P.L.2-2007, SEC.253.

IC 21-12-4-2
Eligibility
    Sec. 2. A person is eligible for a freedom of choice grant if:
        (1) the person is qualified for a higher education award underthe terms of IC 21-12-3-1, IC 21-12-3-2, and IC 21-12-3-3 orIC 21-12-3-4 and IC 21-12-3-5, even if lack of funds preventsthe award or grant;
        (2) the person has a financial need that exceeds the award, asdetermined in accordance with:
            (A) this chapter, IC 21-11, IC 21-12-2, and IC 21-12-3; and
            (B) the rules of the commission; and
        (3) the person will attend an approved postsecondaryeducational institution that:
            (A) either:
                (i) operates in Indiana, provides an organized two (2) yearor longer program of collegiate grade directly creditabletoward a baccalaureate degree, is operated by a nonprofitentity, and is accredited by a recognized regionalaccrediting agency or the commission on proprietaryeducation; or
                (ii) is a hospital that operates a nursing diploma programthat is accredited by the Indiana state board of nursing;and
            (B) is operated privately and not administered or controlledby any state agency or entity.
As added by P.L.2-2007, SEC.253.

IC 21-12-4-3
Renewal of grant; conditions
    Sec. 3. Freedom of choice grant renewals are governed by thesame conditions as are set forth in IC 21-12-3-9.
As added by P.L.2-2007, SEC.253.

IC 21-12-4-4
Amount of grant
    Sec. 4. The amount of a freedom of choice grant may not exceedthe difference between:
        (1) the amount of the total financial need of the student, asdetermined under the commission's rules; and
        (2) the:
            (A) higher education award made under IC 21-12-3-1,

IC 21-12-3-2, and IC 21-12-3-3 or IC 21-12-3-4 andIC 21-12-3-5; or
            (B) sum necessary to pay educational costs at the institution;
        whichever is smaller.
As added by P.L.2-2007, SEC.253.

IC 21-12-4-5
Freedom of choice grant fund
    Sec. 5. The auditor of the state shall create a separate andsegregated freedom of choice grant fund distinct from the highereducation award fund.
As added by P.L.2-2007, SEC.253.

IC 21-12-4-6
Conditions on transfer of money in fund
    Sec. 6. Except as provided in IC 21-12-3-21, money shall not beexchanged or transferred among these funds.
As added by P.L.2-2007, SEC.253.

IC 21-12-4-7
Freedom of choice grant fund; conditions
    Sec. 7. All money disbursed from the freedom of choice grantfund shall be in accordance with the provisions of this chapter.
As added by P.L.2-2007, SEC.253.

IC 21-12-4-8
Restrictions on reversion of money in fund
    Sec. 8. Money remaining in the freedom of choice grant fund atthe end of any fiscal year does not revert to the state general fund,but remains available to be used for making freedom of choice grantsunder this chapter.
As added by P.L.2-2007, SEC.253.