Sec. 6. The annual grant amount for a school for a state fiscal year is the following:
(1) For the state fiscal year beginning July 1, 2021:
(A) one thousand dollars ($1,000); multiplied by
(B) the number of eligible pupils who are counted in the current ADM of the school.
(2) For the state fiscal year beginning July 1, 2022, and each state fiscal year thereafter:
(A) one thousand two hundred fifty dollars ($1,250); multiplied by
(B) the number of eligible pupils who are counted in the current ADM of the school.
As added by P.L.213-2015, SEC.162. Amended by P.L.108-2019, SEC.211; P.L.165-2021, SEC.152.
Structure Indiana Code
Chapter 13. Charter and Innovation Network School Grant Program
20-24-13-1. Applicability of Chapter
20-24-13-3. Grant Program Established; Uses; Administration by the State Board
20-24-13-4. Schools Eligible to Receive an Annual Grant Without First Applying to the State Board
20-24-13-5. Charter Schools That May Apply for an Annual Grant; Procedures; Eligibility for a Grant