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20-51.4-4-1. Establishment of Accounts; Application Process; Agreement

Sec. 1. (a) After June 30, 2022, a parent of an eligible student or an emancipated eligible student may establish an Indiana education scholarship account for the eligible student by entering into a written agreement with the treasurer of state on a form prepared by the treasurer of state. The treasurer of state shall establish […]

20-51.4-4-1. Establishment of Accounts; Application Process; Agreement

Sec. 1. (a) After June 30, 2022, a parent of an eligible student or an emancipated eligible student may establish an Indiana education scholarship account for the eligible student by entering into a written agreement with the treasurer of state on a form prepared by the treasurer of state. The treasurer of state shall establish […]

20-51.4-4-10. Freezing of an Account; Notice; Petition; Termination

Sec. 10. (a) The treasurer of state shall freeze the account established under section 1 of this chapter of any parent of an eligible student or an emancipated eligible student who: (1) fails to comply with the terms of the agreement established under section 1 of this chapter; (2) fails to comply with applicable laws […]

20-51.4-4-10. Freezing of an Account; Notice; Petition; Termination

Sec. 10. (a) The treasurer of state shall freeze the account established under section 1 of this chapter of any parent of an eligible student or an emancipated eligible student who: (1) fails to comply with the terms of the agreement established under section 1 of this chapter; (2) fails to comply with applicable laws […]

20-51.4-4-11. Public School Not Required to Provide Services

Sec. 11. Notwithstanding 511 IAC 7-34-1(d)(4), a public school is not required to make available special education and related services to an eligible student if the eligible student receives funds under section 2 of this chapter and the special education services are provided to the eligible student by the participating entity. This section may not […]

20-51.4-4-11. Public School Not Required to Provide Services

Sec. 11. Notwithstanding 511 IAC 7-34-1(d)(4), a public school is not required to make available special education and related services to an eligible student if the eligible student receives funds under section 2 of this chapter and the special education services are provided to the eligible student by the participating entity. This section may not […]

20-51.4-4-12. Tax Treatment; Qualification for Other Programs

Sec. 12. Distributions made to an account under section 2 of this chapter or money in the account may not be treated as income or a resource for purposes of qualifying for any other federal or state grant or program administered by the state or a political subdivision. As added by P.L.165-2021, SEC.180.

20-51.4-4-12. Tax Treatment; Qualification for Other Programs

Sec. 12. Distributions made to an account under section 2 of this chapter or money in the account may not be treated as income or a resource for purposes of qualifying for any other federal or state grant or program administered by the state or a political subdivision. As added by P.L.165-2021, SEC.180.

20-51.4-4-2. Eligibility for Grant Amount; Termination of an Account

Sec. 2. (a) An eligible student who currently maintains an account is entitled to an annual grant amount for each school year until the student graduates or obtains a certificate of completion under the student’s individualized education program. An eligible student may not receive a grant under this section after graduating or obtaining a certificate […]

20-51.4-4-2. Eligibility for Grant Amount; Termination of an Account

Sec. 2. (a) An eligible student who currently maintains an account is entitled to an annual grant amount for each school year until the student graduates or obtains a certificate of completion under the student’s individualized education program. An eligible student may not receive a grant under this section after graduating or obtaining a certificate […]

20-51.4-4-3. Indiana Education Scholarship Account Program Fund; Uses; Administration

Sec. 3. (a) The Indiana education scholarship account program fund is established for the purpose of providing grants to eligible students under the program. Money appropriated to the fund during the state fiscal year beginning July 1, 2021, and ending June 30, 2022, may only be used for the administrative costs to establish the program. […]

20-51.4-4-3. Indiana Education Scholarship Account Program Fund; Uses; Administration

Sec. 3. (a) The Indiana education scholarship account program fund is established for the purpose of providing grants to eligible students under the program. Money appropriated to the fund during the state fiscal year beginning July 1, 2021, and ending June 30, 2022, may only be used for the administrative costs to establish the program. […]

20-51.4-4-3.5. Indiana Education Scholarship Account Administration Fund; Uses; Administration of the Program; Permitted Transfer of Funds

Sec. 3.5. (a) The Indiana education scholarship account administration fund is established for the purpose of accepting money for the Indiana education scholarship account program to support administration of the program. (b) The treasurer of state shall administer the fund. (c) The fund consists of the following: (1) Administration fees deposited in the fund under […]

20-51.4-4-3.5. Indiana Education Scholarship Account Administration Fund; Uses; Administration of the Program; Permitted Transfer of Funds

Sec. 3.5. (a) The Indiana education scholarship account administration fund is established for the purpose of accepting money for the Indiana education scholarship account program to support administration of the program. (b) The treasurer of state shall administer the fund. (c) The fund consists of the following: (1) Administration fees deposited in the fund under […]

20-51.4-4-4. Calculation of Annual Grant Amount

Sec. 4. (a) Subject to sections 5 and 10 of this chapter, the annual grant amount under section 2 of this chapter for an eligible student equals, subject to subsection (b), ninety percent (90%) of the amount determined in the last STEP of the following formula: STEP ONE: Determine the school corporation in which the […]

20-51.4-4-4. Calculation of Annual Grant Amount

Sec. 4. (a) Subject to sections 5 and 10 of this chapter, the annual grant amount under section 2 of this chapter for an eligible student equals, subject to subsection (b), ninety percent (90%) of the amount determined in the last STEP of the following formula: STEP ONE: Determine the school corporation in which the […]

20-51.4-4-5. Proration of Grant Amount

Sec. 5. If an eligible student’s agreement under section 1 of this chapter is in effect for less than an entire school year, the annual grant amount provided under section 2 of this chapter for that school year shall be reduced on a prorated basis in a manner prescribed by the treasurer of state to […]

20-51.4-4-5. Proration of Grant Amount

Sec. 5. If an eligible student’s agreement under section 1 of this chapter is in effect for less than an entire school year, the annual grant amount provided under section 2 of this chapter for that school year shall be reduced on a prorated basis in a manner prescribed by the treasurer of state to […]

20-51.4-4-6. Notice to Parent; Written Explanation of Authorized Uses

Sec. 6. Upon entering into or renewing an agreement under this chapter, the treasurer of state shall provide to the parent of an eligible student or an emancipated eligible student a written explanation of the authorized uses of the money in the account and the responsibilities of the parent of an eligible student or an […]

20-51.4-4-6. Notice to Parent; Written Explanation of Authorized Uses

Sec. 6. Upon entering into or renewing an agreement under this chapter, the treasurer of state shall provide to the parent of an eligible student or an emancipated eligible student a written explanation of the authorized uses of the money in the account and the responsibilities of the parent of an eligible student or an […]