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§ 21-12-8-13 — Indiana Law | CourtGPT
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  4. Title 21 - Higher Education/
  5. Article 12 - General Scholarships and Grants/
  6. Chapter 8 - Adult Student Grant Program and Fund21-12-8-1. Adult Student Grant Fund; Administration; Adult Student Grant; High Value Workforce Ready Credit-bearing Grant/
  7. § 21-12-8-13
Indiana Legal Code

§ 21-12-8-13

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(b) The fund consists of the following:(1) Money appropriated by the general assembly.(2) Money received from state or federal grants or programs.(3) Donations, gifts, and money received from any other source, including transfers from other funds or accounts.(c) The fund shall be administered by the department of workforce development and the commission.(d) The expenses of administering the fund shall be paid from money in the fund.(e) 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 other public funds are invested.(f) Money in the fund at the end of a state fiscal year does not revert to the state general fund but remains available to be used exclusively for the purposes of the fund.As added by P.L.230-2017, SEC.34.