Sec. 4. (a) The commission shall offer an additional award to a recipient who:

(1) is an academic honors student;

(2) received an associate degree before enrolling in a baccalaureate degree program; or

(3) made accelerated progress during the recipient’s most recently concluded academic year.

     (b) The commission may establish one (1) or more student performance incentives in addition to those listed under subsection (a).

     (c) The commission shall determine the amount of each incentive bonus annually, based on the available appropriation.

As added by P.L.281-2013, SEC.5. Amended by P.L.165-2016, SEC.3.