Sec. 8. (a) Money appropriated to the department to implement the program shall be distributed first to pay the fees for each Cambridge International examination that is taken by a student to satisfy Indiana graduation requirements, including Core 40 with academic honors, and who is:

(1) enrolled in a public or state accredited nonpublic secondary school; and

(2) a resident of Indiana.

Priority under this subsection shall be given to paying fees for each Cambridge International examination that is taken by a student in grade 11 or 12.

     (b) After money appropriated for the program is distributed for the purposes described in subsection (a), any remaining money appropriated for the program shall be distributed and prioritized for distribution in the following order:

(1) To pay stipends for teachers assigned to teach a math, science, or English Cambridge International course to attend the training described in section 7 of this chapter.

(2) To pay school corporations or schools for instructional materials needed for a math, science, or English Cambridge International course.

(3) To pay for or rent equipment that a school corporation or school may need to develop a math, science, or English Cambridge International course.

(4) To pay any other stipends, costs, or fees incurred in implementing the Cambridge International program for subjects other than math, science, or English as authorized under this chapter.

     (c) The department shall establish guidelines concerning the distribution of funds under this chapter, including guidelines to ensure that money distributed under this chapter is distributed as evenly as possible throughout Indiana.

     (d) The department may also seek funding to carry out the purposes of this chapter through federal programs.

     (e) The department may give priority in the distribution of funds to a school that serves a high concentration of low income students.

As added by P.L.216-2021, SEC.40.