(a) An applicant who attends an approved postsecondary educational institution qualifies for an annual award under this chapter if the applicant:(1) attends an approved postsecondary educational institution listed in IC 21-7-13-6(a)(1)(C)(i) through IC 21-7-13-6(a)(1)(C)(xxx);(2) meets the qualification requirements under section 1 of this chapter;(3) graduated from high school after January 1, 2023; and(4) has not received an award toward one hundred twenty-four (124) semester credit hours or its equivalent as determined by the commission.(b) An award under this section must be in an amount equal to the lesser of the following:(1) If the scholarship applicant receives other financial assistance specifically designated for educational costs, the amount equal to the balance required to attend the approved postsecondary educational institution.(2) Five thousand dollars ($5,000).As added by P.L.240-2023, SEC.11.
Indiana Legal Code