Sec. 8. The amount of the exemptions under this chapter is equal to one (1) of the following amounts:
(1) If the applicant does not receive financial assistance specifically designated for educational costs, the amount determined under sections 2 through 6 of this chapter.
(2) If the applicant receives any financial assistance, including federal assistance, specifically designated for educational costs:
(A) the amount determined under sections 2 through 6 of this chapter; minus
(B) the financial assistance specifically designated for educational costs.
[Pre-2007 Higher Education Recodification Citation: 20-12-19-2.]
As added by P.L.2-2007, SEC.255. Amended by P.L.169-2011, SEC.20; P.L.112-2019, SEC.13.
Structure Indiana Code
Chapter 4. Educational Costs Exemption
21-14-4-0.2. Application of Certain Amendments to Prior Law
21-14-4-2. Educational Costs Exemption for Eligible Applicants
21-14-4-2.5. Reduction of Educational Costs for Certain Students
21-14-4-4. Payment of Incidental Expenses
21-14-4-5. Determination of Eligibility; Administration of Exemptions