Sec. 5. If the sum of awards under sections 3 and 4 of this chapter exceeds the appropriation in a given year, the commission shall reduce the level of awards offered under section 4 of this chapter as necessary so that the sum of awards under sections 3 and 4 of this chapter does not exceed the appropriation.
As added by P.L.281-2013, SEC.5. Amended by P.L.234-2015, SEC.5; P.L.165-2016, SEC.4.
Structure Indiana Code
Article 12. General Scholarships and Grants
Chapter 1.7. Establishment of Award Amounts by the Commission for Higher Education
21-12-1.7-1. "Academic Honors Student"
21-12-1.7-2. "Accelerated Progress"
21-12-1.7-3. Annual Publication of Schedule of Award Amounts; Applying Credits
21-12-1.7-4. Additional Awards; Performance Incentives