Ind. Code ch. 21-12-1.2

in effect

Ind. Code § 21-12-1.2-1 Transfer of funds

Sec. 1. The commission may order the state comptroller to transfer money among the freedom of choice grant fund, the higher education award fund, the twenty-first century scholars fund, and the adult student grant fund as needed to meet the obligations of the funds for a particular state fiscal year. The state comptroller shall make a transfer ordered by the commission with the approval of the budget director and the governor. As added by P.L.234-2015, SEC.4. Amended by P.L.9-2024, SEC.417.

Ind. Code § 21-12-1.2-2 Transfer of funds at end of state fiscal year

Sec. 2. (a) At the end of each state fiscal year, the commission shall determine the amount of the appropriation remaining in the following funds: (1) Higher education award fund established under IC 21-12-3-19. (2) Freedom of choice grant fund established under IC 21-12-4-5. (3) Twenty-first century scholars fund established by IC 21-12-6-2. (4) Adult student grant fund established by IC 21-12-8-1. (b) At the end of each state fiscal year, the commission may order the state comptroller to transfer money among the funds listed in subsection (a) if the commission determines that the remaining appropriation in a particular fund could be used by eligible applicants for an award under another fund listed in subsection (a) in the following state fiscal year. The state comptroller shall make the transfer ordered by the commission with the approval of the budget director and the governor. As added by P.L.234-2015, SEC.4. Amended by P.L.9-2024, SEC.418.

Ind. Code § 21-12-1.2-3 529 Education savings plan

Sec. 3. Except as otherwise provided under federal law, the money in an account (as defined in IC 21-9-2-2) of an education savings program (as defined in IC 21-9-2-11) may not be considered as a resource or asset in determining an applicant's or recipient's eligibility for any scholarship, grant, or award administered by the commission. As added by P.L.70-2017, SEC.6.

Ind. Code § 21-12-1.2-4 Census income exclusion in determining eligibility

Sec. 4. Except as otherwise provided under federal law, income that an individual earns employed at a temporary job as a census worker may not be considered as a resource, asset, or income in determining an applicant's or recipient's eligibility for any scholarship, grant, or award administered by the commission. As added by P.L.14-2020, SEC.10.

Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/21Fetched: 10/17/2026