Higher education award not to be considered income or

resource for purposes of assistance eligibility Sec. 13. If an individual receives a state or federal higher education award that is paid directly to an approved postsecondary educational institution for that individual's benefit: (1) that individual is not required to report that award as income or as a resource of that individual when applying for assistance provided under this chapter; and (2) the award may not be considered as income or a resource of the individual in determining initial or continuing eligibility for assistance under this chapter. [Pre-1992 Revision Citation: 4-28-15-9.] As added by P.L.2-1992, SEC.4. Amended by P.L.2-2007, SEC.154.