Sec. 2. (a) This section applies to the board of trustees of the following state educational institutions:
(1) Ball State University.
(2) Indiana University.
(3) Indiana State University.
(4) Purdue University.
(5) University of Southern Indiana.
(b) The board of trustees of a state educational institution shall award financial aid in the best interests of the institution and the state.
[Pre-2007 Higher Education Recodification Citation: 20-12-1-2(a)(8) part.]
As added by P.L.2-2007, SEC.256.