Title 21, HIGHER EDUCATION

Sec. 14. "Financial institution" means a bank, a commercial bank, a national bank, a savings bank, a savings and loan, a thrift, a credit union, an insurance company, a trust company, an investment company, a mutual fund, or similar entity that meets the qualifying requirements e…

Sec. 15. "General operating fund" means the general operating fund established under IC 21-9-5 from which general operating, administrative, and capital expenses (other than those payable from the administrative account) may be paid. As added by P.L.165-1996, SEC.1.

Sec. 16.5. "Internal Revenue Code" means the Internal Revenue Code of 1986 of the United States as amended from time to time. As added by P.L.135-2002, SEC.10.

Sec. 17.5. (a) "Member of the family" means an individual who is one (1) of the following relatives of a designated beneficiary: (1) A lineal descendant of the designated beneficiary. (2) A lineal ancestor of the designated beneficiary. (3) A brother, sister, stepbrother, or step…

Sec. 18. "Program account" means the program account of the trust fund established under IC 21-9-5. A program account is comprised of: (1) trust accounts; and (2) other contributions or money received in trust by the authority together with allocable earnings (whether interest, g…

Sec. 19.5. "Qualified higher education expenses" has the meaning set forth in Section 529 of the Internal Revenue Code. As added by P.L.25-1999, SEC.6. Amended by P.L.135-2002, SEC.13.

Sec. 19.7. "Rollover distribution" means a rollover as defined in Section 529 of the Internal Revenue Code. As added by P.L.25-1999, SEC.7. Amended by P.L.135-2002, SEC.14.

Sec. 2. "Account" or "individual account" means a trust account or any other account of an education savings program. As added by P.L.165-1996, SEC.1. Amended by P.L.135-2002, SEC.3.

Sec. 22.1. "Trust account" means a trust account established by a contributor in the trust program by or for the benefit of an account beneficiary. As added by P.L.135-2002, SEC.15.

Sec. 23. "Trust fund" means the trust fund created under IC 21-9-5 for purposes of any trust program under IC 21-9-7 and IC 21-9-8. As added by P.L.165-1996, SEC.1. Amended by P.L.135-2002, SEC.16.

Sec. 24. "Trust program" means the Indiana family college savings trust program established under IC 21-9-3. As added by P.L.165-1996, SEC.1.

Sec. 3. "Account beneficiary" means the individual who is: (1) designated as the beneficiary of an account at the time the account is established under this article; and (2) designated as the new beneficiary when beneficiaries are changed. As added by P.L.165-1996, SEC.1. Amended…

Sec. 4. "Account owner" means the individual, an emancipated minor, a trust, an estate, a partnership, an association, a company, a corporation, or a qualified custodian under the Uniform Transfers to Minors act (IC 30-2-8.5) that is designated as having the right to do the follo…

Sec. 6. "Administrative account" means the administrative account of the trust fund established under IC 21-9-5 that may be funded periodically from appropriations by the general assembly. As added by P.L.165-1996, SEC.1.

Sec. 8. "Authority" means the Indiana education savings authority created under IC 21-9-3. As added by P.L.165-1996, SEC.1.

Sec. 9. "Board" means the board of directors of the authority established under IC 21-9-4. As added by P.L.165-1996, SEC.1.

Sec. 9.5. "Contribution" means a payment directly allocated to an account for the benefit of an account beneficiary or used to pay fees associated with the account. As added by P.L.25-1999, SEC.3. Amended by P.L.135-2002, SEC.5.

Sec. 1. (a) This section applies to a person called to active duty after September 11, 2001. (b) When determining financial eligibility for a Frank O'Bannon grant, the commission may exclude any salary for service on active duty. [Pre-2007 Higher Education Recodification Citation…

Sec. 2. (a) This section applies to an individual who receives financial benefits or financial resources from the following sources: (1) The Servicemen's Readjustment Act of 1944, as amended, and other acts of Congress granting a right, privilege, or benefit to veterans. (2) The …

Sec. 0.5. As used in this chapter, "scholarship" refers to the William A. Crawford minority teacher scholarship provided to individuals who qualify for the scholarship under section 4 of this chapter. As added by P.L.148-2016, SEC.2.

Sec. 0.6. As used in this chapter, "underserved county" means one (1) or more of the following: (1) Allen County. (2) Marion County. (3) Lake County. (4) St. Joseph County. (5) Vanderburgh County. As added by P.L.196-2025, SEC.5.

Sec. 1. The William A. Crawford minority teacher scholarship fund is established: (1) to encourage and promote qualified individuals to pursue a career in teaching in state accredited schools accredited under IC 20-31-4.1 in underserved counties in Indiana; (2) to enhance the num…

Sec. 2. (a) The commission shall administer the fund. (b) The expenses of administering the fund shall be paid from money in the fund. (c) The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as othe…

Sec. 3. Money in the fund shall be used to provide annual scholarships to individuals who qualify for a scholarship under section 4 of this chapter. [Pre-2007 Higher Education Recodification Citation: 20-12-21.7-7(a) part.] As added by P.L.2-2007, SEC.254. Amended by P.L.205-2013…

Sec. 4. An individual qualifies for an initial scholarship from the fund if the individual: (1) is a student who resides in an underserved county; (2) is admitted to an eligible institution as a full-time student or already attends an eligible institution as a full-time student; …

Sec. 6. A scholarship may be renewed under this chapter for a total scholarship award that does not exceed the number of academic terms that constitutes four (4) undergraduate academic years. However, an eligible institution may not grant a scholarship renewal to a student for an…

Sec. 7. To qualify for a scholarship renewal from the fund, a student that qualified for the initial scholarship under section 4 of this chapter must: (1) comply with the criteria in section 4 of this chapter; and (2) maintain at least the cumulative grade point average: (A) that…

Sec. 8. (a) Except as provided in this chapter, a scholarship is equal to the lesser of the following amounts: (1) The balance of the student's total cost of attendance for the academic year. (2) Four thousand dollars ($4,000). (b) If the total of all scholarships awarded under t…

Sec. 1. (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 st…

Sec. 10. If a state educational institution adjusts its tuition and fee rates under section 9 of this chapter, the total revenue generated by the tuition and fee rate adjustment must not exceed the amount by which appropriations to the state educational institution in the state b…

Sec. 11. Notwithstanding any other law, a state educational institution, in collecting amounts owed it, may, in the event of default and referral to an attorney or collection agency, add to the amount collected the following: (1) The amount of attorney's fees incurred in the coll…

Sec. 12.5. (a) This section applies to tuition and mandatory fees that a board of trustees of a state educational institution votes to increase under section 7 of this chapter. (b) Not later than thirty (30) days after the enactment of a state budget, the commission shall recomme…

Sec. 2. The board of trustees of Ball State University may fix laboratory, contingent, and other fees and charges. [Pre-2007 Higher Education Recodification Citation: 20-12-57.5-11(g).] As added by P.L.2-2007, SEC.255.

Sec. 3. The board of trustees of Indiana University may prescribe the price of tuition at Indiana University. [Pre-2007 Higher Education Recodification Citation: 20-12-23-2(c) part.] As added by P.L.2-2007, SEC.255.

Sec. 4. The board of trustees of Ivy Tech Community College may establish a schedule of fees or charges for students. [Pre-2007 Higher Education Recodification Citation: 20-12-61-13(a)(9).] As added by P.L.2-2007, SEC.255.

Sec. 5. The University of Southern Indiana may fix laboratory, contingent, and other fees and charges. [Pre-2007 Higher Education Recodification Citation: 20-12-64-5(6).] As added by P.L.2-2007, SEC.255.

Sec. 6. A state educational institution shall set tuition and fee rates for a two (2) year period. [Pre-2007 Higher Education Recodification Citation: 20-12-1-12(d) part.] As added by P.L.2-2007, SEC.255. Amended by P.L.234-2007, SEC.270; P.L.9-2022, SEC.39.

Sec. 7. The rates must be set according to the procedure set forth in section 8 of this chapter not later than sixty (60) days after the state budget bill is enacted into law. [Pre-2007 Higher Education Recodification Citation: 20-12-1-12(d) part.] As added by P.L.2-2007, SEC.255…

Sec. 8. A state educational institution shall hold a public hearing before adopting a proposed tuition and fee rate increase. The state educational institution shall give public notice of the hearing at least ten (10) days before the hearing. The public notice must include the sp…

Sec. 9. After a state educational institution's tuition and fee rates are set under sections 7 and 8 of this chapter, the state educational institutions may adjust the tuition and fee rates only if appropriations to the state educational institution in the state budget act are re…

Sec. 1. (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 st…

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 st…

Sec. 3. (a) The board of trustees of Ivy Tech Community College may provide scholarships and remission of fees in proper cases. (b) When determining financial eligibility for need based financial aid available to a veteran student (as defined in IC 21-41-12-2), the board of trust…

Sec. 5. (a) This section applies to the board of trustees of Vincennes University. (b) When determining financial eligibility for need based financial aid available to a veteran student (as defined in IC 21-41-12-2), the board of trustees of Vincennes University may exclude any f…

Sec. 1. There is established an employment aid readiness network (EARN) Indiana program to be administered by the commission. [Pre-2007 Higher Education Recodification Citation: 20-12-20.5-2(a).] As added by P.L.2-2007, SEC.257. Amended by P.L.272-2013, SEC.5.

Sec. 2. (a) The EARN Indiana fund is established to provide reimbursement to eligible employers who enter into agreements with the commission under this chapter. (b) The fund consists of appropriations from the state general fund and contributions from private sources. (c) The ex…