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.