LawServer Nav Menu

2014 Indiana Code 21-12-1.7-5. Reduction of awards

Sec. 5. (a) If the sum of awards under sections 3 and 4 of this
chapter exceeds the appropriation in a given year, the commission shall reduce the level of awards offered under section 4 of this chapter as necessary so that the sum of awards under sections 3 and
4 of this chapter does not exceed the appropriation.
(b) The commission may increase, but shall not decrease, the amounts of awards published under section 1 of this chapter from the amount offered the previous academic year.
As added by P.L.281-2013, SEC.5.

2014 Indiana Code 21-12-1-7.5. “Credit hours”

Sec. 7.5. “Credit hours” refers to credit hours used in a traditional
semester school, in which an associate degree typically requires sixty (60) credit hours and a baccalaureate degree typically requires one hundred twenty (120) credit hours.
As added by P.L.281-2013, SEC.3.