Sec. 2. As used in this chapter, “cost per graduate” means an amount equal to:

(1) the total amount paid to each eligible program provider that is reimbursed under this chapter for performance milestones met by students within a cohort; divided by

Terms Used In Indiana Code 22-4.1-27-2

  • eligible program provider: means an accredited public, nonprofit, or private diploma granting institution with at least two (2) years of experience providing adult dropout recovery services that:

    Indiana Code 22-4.1-27-4

  • program: refers to the workforce diploma reimbursement program established by section 7 of this chapter. See Indiana Code 22-4.1-27-6
(2) the total number of graduates in that cohort.

As added by P.L.237-2019, SEC.2.