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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.

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

Terms Used In Indiana Code 21-12-1.7-5

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
   Sec. 5. 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.

As added by P.L.281-2013, SEC.5. Amended by P.L.234-2015, SEC.5; P.L.165-2016, SEC.4.