Sec. 4. As used in this chapter, "reverse transfer eligible undergraduate student" means an individual currently enrolled in a baccalaureate degree program at a state educational institution who meets the following requirements: (1) The individual has not previously received an associate or a baccalaureate degree. (2) The individual has earned at least fifteen (15) credit hours from Ivy Tech
Community College or Vincennes University. (3) The individual has earned a total of at least seventy (70) credit hours toward an associate degree from one (1) or any combination of the following: (A) Prior enrollment in Ivy Tech Community College or Vincennes University. (B) Credits that were earned during high school as postsecondary credit through a: (i) dual credit course; (ii) dual enrollment course; or (iii) similar early college program. (C) Current enrollment in a baccalaureate degree program of a state educational institution. As added by P.L.94-2024, SEC.5.