20-51.4-3-2. Administration of the Program
Sec. 2. (a) The program shall be administered by the treasurer of state in consultation with the state board and the department. (b) The treasurer of state may contract with one (1) or more entities to maintain and manage accounts established under IC 20-51.4-4-1 after issuing a request for proposal under IC 5-22-9. Each entity […]
20-51.4-3-3. Annual Audit
Sec. 3. (a) The program is subject to annual audit by an independent public accounting firm retained by the treasurer of state. (b) The treasurer of state shall promptly transmit copies of each annual audit to the governor and, in an electronic format under IC 5-14-6, the general assembly. Upon request, the treasurer of state […]
20-51.4-3-4. Annual Survey
Sec. 4. (a) After June 30, 2023, the treasurer of state shall administer an annual survey of parents of eligible students and emancipated eligible students who maintain an account under IC 20-51.4-4-1. The survey must request information: (1) regarding when the account was established and the number of grants received; (2) relating to relative satisfaction […]
20-51.4-3-5. Online Services for Parents
Sec. 5. The treasurer of state shall provide online services and capabilities including, but not limited to, the following: (1) A method for parents to submit an application agreement described in IC 20-51.4-4-1(a). (2) A method for a participating entity to submit the intent of the participating entity to participate in the program. (3) A […]
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 […]
20-51.4-3-6. Advice Upon Request Relating to Services; Third Party Provider
Sec. 6. (a) The department shall provide services that offer objective advice upon request to parents of an eligible student or an emancipated eligible student relating to services that can help meet the eligible student’s or emancipated eligible student’s particular needs. (b) The department may contract with a third party provider to provide the services […]
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 […]
20-51.4-3-7. Determination of the Number of Grant Awards; Deduction of Amounts to Cover Administrative Costs
Sec. 7. (a) For each school year, the treasurer of state shall determine, based on the amount of funds available for the program, the number of grants that the treasurer of state will award under the program. The number of applications approved and the number of grants awarded under this article by the treasurer of […]
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 […]