Sec. 8. The amount of the stipend that a school corporation or charter schools may distribute to a teacher for a state fiscal year under this chapter must be within the following amounts: (1) For a teacher who receives a stipend for a recognition designation, three thousand five hundred dollars ($3,500). (2) For a teacher who receives a stipend for an exemplary designation, five thousand dollars ($5,000). (3) For a teacher who receives a stipend for an exemplary plus designation, seven thousand five hundred dollars ($7,500).
As added by P.L.213-2025, SEC.198.