Indiana Code 20-43-10.5-3. Academic honors award calculation
(1) Determine each eligible pupil who:
Terms Used In Indiana Code 20-43-10.5-3
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(B) was receiving Supplemental Nutrition Assistance Program (SNAP) benefits, Temporary Assistance for Needy Families (TANF) benefits, or foster care services;
in the school year ending in the previous state fiscal year.
(2) Determine each eligible pupil who:
(A) successfully completed an Indiana diploma with a Core 40 with technical honors designation program; and
(B) was receiving Supplemental Nutrition Assistance Program (SNAP) benefits, Temporary Assistance for Needy Families (TANF) benefits, or foster care services;
in the school year ending in the previous state fiscal year. However, an eligible pupil who would otherwise be double counted under this subdivision and subdivision (1) may not be considered to meet the requirements under this subdivision.
(3) Determine each eligible pupil who:
(A) successfully completed an Indiana diploma with a Core 40 with academic honors designation program; and
(B) was not receiving Supplemental Nutrition Assistance Program (SNAP) benefits, Temporary Assistance for Needy Families (TANF) benefits, or foster care services;
in the school year ending in the previous state fiscal year.
(4) Determine each eligible pupil who:
(A) successfully completed an Indiana diploma with a Core 40 with technical honors designation program; and
(B) was not receiving Supplemental Nutrition Assistance Program (SNAP) benefits, Temporary Assistance for Needy Families (TANF) benefits, or foster care services;
in the school year ending in the previous state fiscal year. However, an eligible pupil who would otherwise be double counted under this subdivision and subdivision (3) may not be considered to meet the requirements under this subdivision.
(b) The amount of a school corporation’s grant under this section based on a particular eligible pupil is equal to:
(1) in the case of an eligible pupil described in subsection (a)(1) or (a)(2), one thousand five hundred dollars ($1,500); and
(2) in the case of an eligible pupil described in subsection (a)(3) or (a)(4), one thousand one hundred dollars ($1,100).
(c) An amount received by a school corporation as determined under this section may be used only for:
(1) any:
(A) staff training;
(B) program development;
(C) equipment and supply expenditures; or
(D) other expenses;
directly related to the school corporation’s honors designation program; and
(2) the school corporation’s program for high ability students.
(d) A governing body that does not comply with this section for a school year is not eligible to receive an amount under this section for the following school year.
As added by P.L.201-2023, SEC.212.