Ind. Code ch. 20-43-10.5

in effect

Ind. Code § 20-43-10.5-1 Academic performance grants; determination of grant amounts

Sec. 1. (a) In addition to the amount a school corporation is entitled to receive in basic tuition support, each school corporation is eligible to receive an academic performance grant. Subject to subsections (d) and (e), the amount of a school corporation's grant for a state fiscal year is equal to the amounts determined under subsection (b) or (c), as applicable. (b) This subsection applies to the state fiscal year beginning July 1, 2025. The amount of a school corporation's grant for a state fiscal year is equal to the aggregate of each of the single largest amounts determined for each student under: (1) section 2 of this chapter; (2) section 3 of this chapter; (3) section 4(a)(1) of this chapter; (4) section 4(a)(2) of this chapter; or (5) section 4(a)(3) of this chapter. (c) This subsection applies to the state fiscal year beginning July 1, 2026. The amount of a school corporation's grant for a state fiscal year is equal to the result under the following formula: STEP ONE: Determine the aggregate of each of the single largest amounts determined for each student under: (A) section 2 of this chapter; (B) section 3 of this chapter; (C) section 4(a)(2) of this chapter; or (D) section 4(a)(3) of this chapter. STEP TWO: Determine the aggregate of the amounts determined for each student under: (A) section 4(a)(4) of this chapter; (B) section 4(a)(5) of this chapter; or (C) section 4(a)(6) of this chapter. STEP THREE: Determine the aggregate of the larger of the amounts determined under STEP ONE or STEP TWO for each student. (d) For purposes of subsections (b) and (c), if a school corporation: (1) received as part of a grant under this chapter in a previous state fiscal year an amount based on a determination of eligibility of a particular student under section 2 of this chapter or section 3 of this chapter; and (2) is determined by the department to be eligible in a subsequent state fiscal year for an amount based on a determination of eligibility of the same student under section 4 of this chapter; the school corporation may only receive as part of the school corporation's grant in the subsequent state fiscal year the amount equal to the greater of zero (0) or the difference between the amount described in subdivision (2) minus the amount described in subdivision (1). (e) Each school corporation and charter school shall submit information prescribed by the department that is necessary to make the determinations required under this chapter. As added by P.L.201-2023, SEC.212. Amended by P.L.213-2025, SEC.193.

Ind. Code § 20-43-10.5-2 Early graduation award calculation

Sec. 2. Subject to section 1 of this chapter, a school corporation's early graduation award for a state fiscal year is the amount determined using the following formula: STEP ONE: Determine the number of students who met the following conditions during the student's expected graduation year (as defined in IC 20-26-13-4) for the school year ending in the previous state fiscal year: (A) The student was enrolled in the school corporation on the fall count day of ADM established under IC 20-43-4-3. (B) The student successfully completed Indiana high school graduation requirements before the day in February fixed by the state board for the spring count of students under IC 20-43-4-3. (C) The student was not enrolled in the school corporation on the day in February fixed by the state board for the spring count of students under IC 20-43-4-3. STEP TWO: Multiply the STEP ONE result by: (A) for the state fiscal year beginning July 1, 2025, and ending June 30, 2026, one thousand four hundred ninety-one dollars ($1,491); and (B) for the state fiscal year beginning July 1, 2026, and ending June 30, 2027, one thousand four hundred ninety-seven dollars ($1,497). As added by P.L.201-2023, SEC.212. Amended by P.L.213-2025, SEC.194.

Ind. Code § 20-43-10.5-3 Academic honors award calculation

Sec. 3. (a) Each state fiscal year, the department shall, for each school corporation, determine the following: (1) Determine each eligible pupil who: (A) successfully completed an Indiana diploma with a Core 40 with academic honors designation program; and (B) was receiving Supplemental Nutrition Assistance Program (SNAP) benefits, Temporary Assistance for Needy Families (TANF) benefits, or foster care services; in the school year ending in the previous state fiscal year. (2) Determine each eligible pupil who: (A) successfully completed an Indiana diploma with a Core 40 with technical honors designation program; and (B) was receiving Supplemental Nutrition Assistance Program (SNAP) benefits, Temporary Assistance for Needy Families (TANF) benefits, or foster care services; in the school year ending in the previous state fiscal year. However, an eligible pupil who would otherwise be double counted under this subdivision and subdivision (1) may not be considered to meet the requirements under this subdivision. (3) Determine each eligible pupil who: (A) successfully completed an Indiana diploma with a Core 40 with academic honors designation program; and (B) was not receiving Supplemental Nutrition Assistance Program (SNAP) benefits, Temporary Assistance for Needy Families (TANF) benefits, or foster care services; in the school year ending in the previous state fiscal year. (4) Determine each eligible pupil who: (A) successfully completed an Indiana diploma with a Core 40 with technical honors designation program; and (B) was not receiving Supplemental Nutrition Assistance Program (SNAP) benefits, Temporary Assistance for Needy Families (TANF) benefits, or foster care services; in the school year ending in the previous state fiscal year. However, an eligible pupil who would otherwise be double counted under this subdivision and subdivision (3) may not be considered to meet the requirements under this subdivision. (b) The amount of a school corporation's grant under this section based on a particular eligible pupil is equal to: (1) in the case of an eligible pupil described in subsection (a)(1) or (a)(2): (A) for the state fiscal year beginning July 1, 2025, and ending June 30, 2026, one thousand four hundred ninety-one dollars ($1,491); and (B) for the state fiscal year beginning July 1, 2026, and ending June 30, 2027, one thousand four hundred ninety-seven dollars ($1,497); and (2) in the case of an eligible pupil described in subsection (a)(3) or (a)(4): (A) for the state fiscal year beginning July 1, 2025, and ending June 30, 2026, one thousand ninety-four dollars ($1,094); and (B) for the state fiscal year beginning July 1, 2026, and ending June 30, 2027, one thousand ninety-eight dollars ($1,098). (c) An amount received by a school corporation as determined under this section may be used only for: (1) any: (A) staff training; (B) program development; (C) equipment and supply expenditures; or (D) other expenses; directly related to the school corporation's honors designation program; and (2) the school corporation's program for high ability students. (d) A governing body that does not comply with this section for a school year is not eligible to receive an amount under this section for the following school year. As added by P.L.201-2023, SEC.212. Amended by P.L.213-2025, SEC.195.

Ind. Code § 20-43-10.5-4 Academic achievement awards calculation

Sec. 4. (a) Each applicable state fiscal year, the department, in consultation with the commission for higher education, shall determine the following with respect to each school corporation: (1) Each student who: (A) was enrolled in the school corporation in the state fiscal year before the immediately preceding state fiscal year; and (B) successfully completed a dual credit or dual enrollment course. The amount of a school corporation's grant based on a student described under this subdivision is equal to, for the state fiscal year beginning July 1, 2025, and ending June 30, 2026, the number of credit hours completed by the student multiplied by forty dollars ($40), but may not exceed one thousand two hundred dollars ($1,200). (2) Each student who: (A) was enrolled in the school corporation in the state fiscal year before the immediately preceding state fiscal year; and (B) successfully completed Indiana College Core 30 (IC 21-42-3). The amount of a school corporation's grant based on a student under this subdivision is equal to, for the state fiscal year beginning July 1, 2025, and ending June 30, 2026, one thousand four hundred ninety-one dollars ($1,491), and for the state fiscal year beginning July 1, 2026, and ending June 30, 2027, one thousand four hundred ninety-seven dollars ($1,497). (3) Each student who: (A) was enrolled in the school corporation in the state fiscal year before the immediately preceding state fiscal year; and (B) successfully completed requirements for an associate degree, including those earned through transfer as a junior pathways. The amount of a school corporation's grant based on a student under this subdivision is equal to, for the state fiscal year beginning July 1, 2025, and ending June 30, 2026, two thousand four hundred eighty-six dollars ($2,486), and for the state fiscal year beginning July 1, 2026, and ending June 30, 2027, two thousand four hundred ninety-five dollars ($2,495). (4) Each student who: (A) was enrolled in the school corporation in the previous state fiscal year; and (B) successfully completed requirements for an honors employment plus seal. The amount of a school corporation's grant based on a student under this subdivision is equal to two thousand four hundred ninety-five dollars ($2,495) for the state fiscal year beginning July 1, 2026, and ending June 30, 2027. (5) Each student who: (A) was enrolled in the school corporation in the previous state fiscal year; and (B) successfully completed requirements for an honors enrollment plus seal. The amount of a school corporation's grant based on a student under this subdivision is equal to two thousand four hundred ninety-five dollars ($2,495) for the state fiscal year beginning July 1, 2026, and ending June 30, 2027. (6) Each student who: (A) was enrolled in the school corporation in the previous state fiscal year; and (B) successfully completed requirements for an honors enlistment plus seal. The amount of a school corporation's grant based on a student under this subdivision is equal to eight hundred seventy-three dollars ($873) for the state fiscal year beginning July 1, 2026, and ending June 30, 2027. (b) To be eligible to be counted under subsection (a)(1), a credit completed must be accepted as part of the Indiana core transfer library under IC 21-42-5-1. As added by P.L.201-2023, SEC.212. Amended by P.L.213-2025, SEC.196.

Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/20Fetched: 10/17/2026