Indiana Administrative Code
Title 500 - COMMISSION FOR HIGHER EDUCATION OF THE STATE OF INDIANA
Article 3 - TWENTY-FIRST CENTURY SCHOLARS PROGRAM
Rule 1 - Definitions
Section 1-11 - "Twenty-first century scholarship" defined
Current through September 18, 2024
Authority: IC 21-18.5-4-9
Affected: IC 12-12-1-14
Sec. 11.
"Twenty-first century scholarship" shall be a tuition scholarship under IC 20-12-70-7[IC 20-12 was repealed by P.L. 2-2007, SECTION 390, effective July 1, 2007. See IC 21-12-1-14.] to include financial assistance provided to a student to offset the costs of tuition and other regularly assessed fees incurred by the student in attending an institution of higher learning. Tuition and fee levels must be approved by the commission and reflect current year tuition and regularly assessed fees. Scholarship awards shall be computed as follows:
(1) If the scholarship applicant attends a state educational institution (as defined in IC 20-12-0.5-1[IC 20-12 was repealed by P.L. 2-2007, SECTION 390, effective July 1, 2007.]), the award shall be the student's tuition and regularly assessed fees, less any award to which the student is entitled under the Higher Education Award Program (IC 20-12-21-11.5[IC 20-12 was repealed by P.L. 2-2007, SECTION 390, effective July 1, 2007.]) and any other tuition specific financial assistance.
(2) If the scholarship applicant attends a private institution of higher education (as defined in IC 20-12-63-3[IC 20-12 was repealed by P.L. 2-2007, SECTION 390, effective July 1, 2007.]), the award shall be the lesser of:
(3) If the scholarship applicant attends a proprietary institution of higher education (as defined in IC 20-1-19-1[IC 20-1 was repealed by P.L. 1-2005, SECTION 240, effective July 1, 2005.]), the award shall be the amount of an award the student could receive if the student were enrolled at Ivy Tech State College.
Transferred from the State Student Assistance Commission ( 585 IAC 8-1-12) to the Commission for Higher Education of the State of Indiana ( 500 IAC 3-1-11) by IC 21-18.5-1-2(c), effective July 1, 2012.