Title 21, TITLE 21. HIGHER EDUCATION

Sec. 7. All gifts of money, and all money realized from real and personal property made under this chapter to permanently endow: (1) a state educational institution; or (2) a chair of learning or department in a state educational institution; shall be taken in charge by the state…

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. 11. The board of trustees of Vincennes University may lease or sell property of Vincennes University that, in the judgment of the board of trustees of Vincennes University, is not required for educational purposes, together with any improvements constructed on the property o…

Sec. 12. The acquisition of so much land as may from time to time be needed as a campus by Vincennes University is declared to be for public use. Title to land that is needed as a campus by Vincennes University may be taken under the power of eminent domain. [Pre-2007 Higher Educ…

Sec. 13. The board of trustees of Vincennes University shall: (1) establish a library, in and for the use of the students, professors and other members of Vincennes University, to consist of the books and experimental apparatus that the board of trustees determines is proper for …

restrictions Sec. 13.5. The board of trustees of Indiana State University may not lease or transfer any ownership interest in the Indiana State University Hulman Center in Terre Haute unless the proposed lease or transfer of an ownership interest has been reviewed by the budget c…

of all donations, bequests, grants, funds, and other property Sec. 2. The board of trustees of Ball State University may receive, administer, and dispose of all donations, bequests, grants, funds, and other property that is given to the state educational institution or is otherwi…

Sec. 3. The board of trustees of Indiana State University may hold in trust all funds and property that is provided for Indiana State University. [Pre-2007 Higher Education Recodification Citation: 20-12-56-2 part.] As added by P.L.2-2007, SEC.272.

personal property Sec. 4. The board of trustees of Indiana University may: (1) possess all the real and personal property of Indiana University for its benefit; (2) take and hold, in their corporate name, any real or personal property for the benefit of Indiana University; and (3…

construct, and control real and personal property Sec. 5. The board of trustees of Ivy Tech Community College may hold, encumber, control, acquire by donation or purchase, construct, own, lease, use, and sell real and personal property as is necessary for the conduct of its progr…

personal and real property Sec. 6. The board of trustees of Purdue University shall take in charge, have, hold, possess, and manage all: (1) property and money comprehended in the donations; (2) funds derived from the sale of the land scrip donated under the act of Congress and t…

administer, and dispose of all donations, bequests, grants, funds, and other property Sec. 7. The University of Southern Indiana may receive, administer, and dispose of all donations, bequests, grants, funds, and other property that is given to the state educational institution o…

or convey real or personal property Sec. 8. The board of trustees of Vincennes University, in the name of the board of trustees purchasing, holding, leasing, and conveying, may purchase, hold, lease, and convey any estate, real or personal, for the use of Vincennes University. [P…

hire suitable buildings Sec. 9. The board of trustees of Vincennes University may erect, purchase, or hire, as the board of trustees determines most expedient, suitable buildings to carry out the purposes of Vincennes University. [Pre-2007 Higher Education Recodification Citation…

Sec. 1. The powers of a state educational institution under this chapter are in addition to all other powers of the state educational institution to issue obligations. [Pre-2007 Higher Education Recodification Citation: 20-12-9.5-6.] As added by P.L.2-2007, SEC.273.

Sec. 2. A state educational institution may do any of the following: (1) Borrow funds on a temporary basis in anticipation of the issuance of long term obligations. (2) Use the proceeds of a temporary borrowing for any purpose for which the institution could issue or incur obliga…

Sec. 3. (a) A state educational institution may: (1) negotiate: (A) a loan; (B) a line of credit; or (C) any other credit facility; and (2) issue a note for a credit facility; with any institution or entity on the terms and conditions that the state educational institution determ…

Sec. 1. This chapter applies to all state educational institutions. [2007 Higher Education Recodification Citation: New.] As added by P.L.2-2007, SEC.274.

Sec. 2. The facilities planning fund is established at each state educational institution. [Pre-2007 Higher Education Recodification Citation: 20-12-5.5-1.5 part.] As added by P.L.2-2007, SEC.274.

Sec. 3. The assets of the fund may be used only to pay for the preliminary planning of academic facilities. [Pre-2007 Higher Education Recodification Citation: 20-12-5.5-1.5 part.] As added by P.L.2-2007, SEC.274.

Sec. 4. An academic facility construction budget must include sufficient funds to reimburse the fund for all funds allocated under section 3 of this chapter for the preliminary planning of an academic facility. [Pre-2007 Higher Education Recodification Citation: 20-12-5.5-1.5 par…

Sec. 5. If approved by the commission for higher education, Ball State University may pay for project costs related to architectural, engineering, and consulting services for the construction and renovation of health and basic sciences facilities, including Cooper Science, in exc…

Sec. 1. The board of trustees of a state educational institution may establish liability or other loss insurance reserves or contribute those reserves or other capital to a risk retention group to provide insurance coverage against liability claims. [Pre-2007 Higher Education Rec…

Sec. 1. Unless otherwise provided, the definitions in this chapter apply throughout this article. As added by P.L.107-2012, SEC.58.

Sec. 10. "Higher education award" means a monetary award. As added by P.L.107-2012, SEC.58.

Sec. 11. "Person", for purposes of IC 21-18.5-6, means an individual, a partnership, a limited liability company, an association, a corporation, a joint venture, a trust, a receiver, or a trustee in bankruptcy. As added by P.L.107-2012, SEC.58.

institution" Sec. 12. (a) "Postsecondary credit bearing proprietary educational institution" means a degree granting and credit bearing institution that provides instructional or educational services or training, whether onsite, online, or through any combination of these or othe…

As added by P.L.107-2012, SEC.58. Repealed by P.L.273-2013, SEC.4.

Sec. 3. "Agent", for purposes of IC 21-18.5-6, means a person who: (1) enrolls or seeks to enroll a resident of Indiana through: (A) personal contact; (B) telephone; (C) advertisement; (D) letter; or (E) publications; in a course offered by a postsecondary credit bearing propriet…

As added by P.L.107-2012, SEC.58. Repealed by P.L.273-2013, SEC.5.

Sec. 5. "Application", for purposes of IC 21-18.5-6, means a written request for authorization on forms supplied by the board for proprietary education. As added by P.L.107-2012, SEC.58. Amended by P.L.273-2013, SEC.6.

Sec. 5.5. "Authorization", for purposes of IC 21-18.5-6, means certification of a status of approval or authorization by the board for proprietary education to conduct business as a postsecondary credit bearing proprietary educational institution. As added by P.L.273-2013, SEC.7.

Sec. 6. "Caretaker relative" means a relative by blood or law who lives with a minor and exercises parental responsibility, care, and control over the minor in the absence of the minor's parent. As added by P.L.107-2012, SEC.58.

Sec. 7. "Commission" means the commission for higher education established by IC 21-18-2-1. As added by P.L.107-2012, SEC.58.

Sec. 8. "Course", for purposes of IC 21-18.5-6, means a plan or program of instruction or training, whether conducted in person, by mail, or by any other method. As added by P.L.107-2012, SEC.58.

Sec. 9. "Enrollment" means the establishment and maintenance of an individual's status as an undergraduate student in a postsecondary credit bearing proprietary educational institution. As added by P.L.107-2012, SEC.58.

Sec. 1. The Indiana education savings authority is created. As added by P.L.165-1996, SEC.1.

Sec. 2. (a) The authority is a body corporate and politic. (b) The authority: (1) is not an agency of the state; and (2) is an instrumentality of the state performing essential governmental functions. As added by P.L.165-1996, SEC.1.

Sec. 3. The authority may establish any number of education savings programs. As added by P.L.165-1996, SEC.1. Amended by P.L.85-2000, SEC.3; P.L.135-2002, SEC.17.

Sec. 4. Because the management and operation of the education savings programs and all funds and accounts established under this article constitute the performance of an essential public function, the following are exempt from taxation by the state and by any political subdivisio…

Sec. 5. The authority may contract with public or private entities or persons for the provision of all or any portion of the services the board considers necessary for the management and operations of the authority, including the education savings programs and all funds and accou…

Sec. 1. (a) An applicant is eligible for a first year higher education award under this chapter if the student meets the following requirements: (1) The applicant is a resident of Indiana, as defined by the commission. (2) The applicant: (A) has successfully completed the program…

Sec. 10. Out of funds available after commitments have been met under sections 8 and 9 of this chapter, awards shall be issued to persons who have successfully completed at least one (1) academic year but not more than three (3) academic years in approved postsecondary educationa…

[Pre-2007 Higher Education Recodification Citation: 20-12-21-7(d).] As added by P.L.2-2007, SEC.253. Expired 9-1-2014 by P.L.281-2013, SEC.12.

consideration of principal or interest on bonds; exemption Sec. 12. In determining which applicants are least able to provide funds for the cost of education under section 8 of this chapter, the commission may not consider principal or interest, including an original issue discou…

Sec. 13. The commission may not provide assistance under this chapter to a higher education award applicant or recipient who is: (1) convicted of a felony; (2) sentenced to a term of imprisonment for that felony; and (3) confined for that felony at a penal facility (as defined in…

Sec. 15. An applicant to whom the commission has issued an award may apply for enrollment as a student in any approved postsecondary educational institution. However, the institution is not required to accept the applicant for enrollment, and the institution may require complianc…

Sec. 16. If during an academic period a student enrolled in an institution under an award under this chapter ceases for any reason to be a student in good standing, the institution shall promptly give written notice to the commission as to the change of status and the reason for …

Sec. 17. A student to whom a renewal award has been issued may either re-enroll in the approved postsecondary educational institution that the student attended during the preceding year or enroll in another approved postsecondary educational institution. In either event, the appr…

Sec. 18. The commission shall administer the higher education award account and related records of each student who is attending an approved postsecondary educational institution under an award issued under this chapter. At each appropriate time, it shall certify to the auditor o…