21-38-8-5. Distribution of Endowment Funds; Considerations
Sec. 5. When determining a distinguished teacher’s prominence, the council shall consider the following criteria when distributing endowment funds: (1) Evidence of excellent teaching ability. (2) Distinguished accomplishments. (3) Either: (A) productive scholarship; or (B) artistic achievement and superior talent. The council may consider any other criteria for distributing endowment funds that the council determines […]
21-38-8-6. Approval or Disapproval of Matching Funds
Sec. 6. (a) The council shall approve or disapprove a matching grant application within sixty (60) days after the application is received by the council. (b) The council may approve a grant application with an amount that is the same or less than the amount requested by the state educational institution. [Pre-2007 Higher Education Recodification […]
21-38-8-7. Matching Grants; Use
Sec. 7. (a) Each matching grant from the fund is intended to be used to supplement, and may not be used instead of, a distinguished teacher’s regular annual salary. (b) The council may not approve a matching grant from the fund that exceeds income generated from the endowment of the institution. [Pre-2007 Higher Education Recodification […]
21-38-8-8. Staff
Sec. 8. Staff for the council shall be provided by the commission for higher education. [Pre-2007 Higher Education Recodification Citation: 20-12-69-13.] As added by P.L.2-2007, SEC.279.
21-38-8-9. Appropriation
Sec. 9. An appropriation to the fund or a grant from the fund to a state educational institution does not constitute a commitment to match endowment income in excess of the current appropriation in any subsequent biennium. [Pre-2007 Higher Education Recodification Citation: 20-12-69-14.] As added by P.L.2-2007, SEC.279.
21-38-8-10. Council Powers
Sec. 10. The council may: (1) develop guidelines; and (2) adopt rules under IC 4-22-2; to administer the fund and this chapter. [Pre-2007 Higher Education Recodification Citation: 20-12-69-15.] As added by P.L.2-2007, SEC.279.
21-38-8-1. Indiana Excellence in Teaching Council; Establishment
Sec. 1. The Indiana excellence in teaching council is established. The council consists of nine (9) members as follows: (1) One (1) representative of the commission for higher education. (2) One (1) representative of the budget agency. (3) One (1) representative from each state educational institution. [Pre-2007 Higher Education Recodification Citation: 20-12-69-6.] As added by […]
21-38-8-2. Indiana Excellence in Teaching Endowment; Administration
Sec. 2. (a) The Indiana excellence in teaching endowment is established to provide state educational institutions with grants to match interest income generated by an endowment to attract and retain distinguished teachers. The fund shall be administered by the council. (b) The expenses of administering the fund shall be paid from money in the fund. […]
21-38-8-3. Qualifications
Sec. 3. To qualify for a matching grant from the fund, a state educational institution or a foundation must establish an endowment subject to the following criteria: (1) The endowment must be created after July 1, 1990. (2) Funds in the endowment must be solely dedicated for use in matching money granted from the fund. […]
21-38-8-4. Application for Matching Grants
Sec. 4. A state educational institution must apply for a matching grant in the manner prescribed by the council. [Pre-2007 Higher Education Recodification Citation: 20-12-69-9.] As added by P.L.2-2007, SEC.279.