Sec. 19. (a) The auditor of state shall create a separate and segregated higher education award fund distinct from the freedom of choice grant fund.
(b) All money disbursed from the higher education award fund shall be in accordance with this chapter.
(c) The expense of administering the fund may be paid from money in the fund.
(d) Money remaining in the higher education award fund at the end of any fiscal year does not revert to the state general fund but remains available to be used for making higher education awards under this chapter, or it may be transferred to another fund under this article as directed by the commission under IC 21-12-1.2-2.
[Pre-2007 Higher Education Recodification Citation: 20-12-21-11.5.]
As added by P.L.2-2007, SEC.253. Amended by P.L.229-2011, SEC.224; P.L.234-2015, SEC.6; P.L.165-2016, SEC.8.
Structure Indiana Code
Article 12. General Scholarships and Grants
Chapter 3. Higher Education Awards
21-12-3-1. Eligibility for Awards
21-12-3-2. Limitation on Eligibility
21-12-3-3. Eligibility for Awards
21-12-3-4. Eligibility for Awards; Satisfactory Progress
21-12-3-6. Financial Resources Available to Student
21-12-3-7. Publication of Rules
21-12-3-8. Issuance of First Year Awards; Priorities
21-12-3-9. Renewal of Awards; Applying Credits
21-12-3-13. Prohibition; Assistance to Confined Inmates
21-12-3-14. Certification of Applicants
21-12-3-16. Effect of Termination of Student Status
21-12-3-17. Second Year Awards
21-12-3-18. Award Account and Records
21-12-3-19. Higher Education Award Fund