(A) The chancellor of higher education, in accordance with Chapter 119 of the Revised Code and in consultation with the department of education and workforce, shall adopt rules prescribing a method to allocate and distribute payments under section 3365.07 of the Revised Code for nonpublic secondary school participants, nonchartered nonpublic secondary school participants, and home-educated participants. The rules shall include that payments made for nonchartered nonpublic secondary school participants be made in the same manner as payments for home-educated participants under that section.

(B) The chancellor, in consultation with the department, shall also adopt rules establishing a method to calculate the amounts deducted from a joint vocational school district and from a participant‘s city, local, or exempted village school district for payments under section 3365.07 of the Revised Code.