IC 21-12-4-1 Freedom of choice program; establishment
Sec. 1. The freedom of choice grant program is established. The
commission 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 under
the terms of IC 21-12-3-1, IC 21-12-3-2, and IC 21-12-3-3 or
IC 21-12-3-4 and IC 21-12-3-5, even if lack of funds prevents
the award or grant;
(2) the person has a financial need that exceeds the award, as
determined 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 postsecondary
educational institution that:
(A) either:
(i) operates in Indiana, provides an organized two (2) year
or longer program of collegiate grade directly creditable
toward a baccalaureate degree, is operated by a nonprofit
entity, and is accredited by a recognized regional
accrediting agency or the commission on proprietary
education; or
(ii) is a hospital that operates a nursing diploma program
that is accredited by the Indiana state board of nursing;
and
(B) is operated privately and not administered or controlled
by 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 the
same 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 exceed
the difference between:
(1) the amount of the total financial need of the student, as
determined 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 and
IC 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 and
segregated freedom of choice grant fund distinct from the higher
education 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 be
exchanged 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 grant
fund 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 at
the end of any fiscal year does not revert to the state general fund,
but remains available to be used for making freedom of choice grants
under this chapter. As added by P.L.2-2007, SEC.253.
IC 21-12-4-1 Freedom of choice program; establishment
Sec. 1. The freedom of choice grant program is established. The
commission 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 under
the terms of IC 21-12-3-1, IC 21-12-3-2, and IC 21-12-3-3 or
IC 21-12-3-4 and IC 21-12-3-5, even if lack of funds prevents
the award or grant;
(2) the person has a financial need that exceeds the award, as
determined 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 postsecondary
educational institution that:
(A) either:
(i) operates in Indiana, provides an organized two (2) year
or longer program of collegiate grade directly creditable
toward a baccalaureate degree, is operated by a nonprofit
entity, and is accredited by a recognized regional
accrediting agency or the commission on proprietary
education; or
(ii) is a hospital that operates a nursing diploma program
that is accredited by the Indiana state board of nursing;
and
(B) is operated privately and not administered or controlled
by 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 the
same 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 exceed
the difference between:
(1) the amount of the total financial need of the student, as
determined 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 and
IC 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 and
segregated freedom of choice grant fund distinct from the higher
education 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 be
exchanged 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 grant
fund 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 at
the end of any fiscal year does not revert to the state general fund,
but remains available to be used for making freedom of choice grants
under this chapter. As added by P.L.2-2007, SEC.253.
IC 21-12-4-1 Freedom of choice program; establishment
Sec. 1. The freedom of choice grant program is established. The
commission 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 under
the terms of IC 21-12-3-1, IC 21-12-3-2, and IC 21-12-3-3 or
IC 21-12-3-4 and IC 21-12-3-5, even if lack of funds prevents
the award or grant;
(2) the person has a financial need that exceeds the award, as
determined 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 postsecondary
educational institution that:
(A) either:
(i) operates in Indiana, provides an organized two (2) year
or longer program of collegiate grade directly creditable
toward a baccalaureate degree, is operated by a nonprofit
entity, and is accredited by a recognized regional
accrediting agency or the commission on proprietary
education; or
(ii) is a hospital that operates a nursing diploma program
that is accredited by the Indiana state board of nursing;
and
(B) is operated privately and not administered or controlled
by 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 the
same 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 exceed
the difference between:
(1) the amount of the total financial need of the student, as
determined 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 and
IC 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 and
segregated freedom of choice grant fund distinct from the higher
education 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 be
exchanged 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 grant
fund 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 at
the end of any fiscal year does not revert to the state general fund,
but remains available to be used for making freedom of choice grants
under this chapter. As added by P.L.2-2007, SEC.253.
