Sec. 10.5. In the reporting year immediately following the determination of a cohort‘s five (5) year graduation rate under section 10.2 of this chapter and each subsequent reporting year, the department shall calculate a six (6) or subsequent year graduation rate for the cohort using the following formula:

STEP ONE: Determine the number determined under STEP TWO of the formula established in section 10.2 of this chapter.

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Terms Used In Indiana Code 20-26-13-10.5

  • cohort: refers to a class of students who:

    Indiana Code 20-26-13-2

  • graduation: means the successful completion by a student of:

    Indiana Code 20-26-13-5

  • graduation rate: means the percentage of students within a cohort who graduate during their expected graduation year. See Indiana Code 20-26-13-6
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • reporting year: refers to the period beginning October 1 of a year and ending September 30 of the following year. See Indiana Code 20-26-13-7
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
STEP TWO: Add:

(A) the number determined under STEP ONE; and

(B) the number of students in the cohort who have graduated during the current reporting year.

STEP THREE: Divide:

(A) the sum determined under STEP TWO; by

(B) the remainder determined under STEP THREE of the formula established in section 10(a) of this chapter.

As added by P.L.229-2007, SEC.6. Amended by P.L.159-2019, SEC.15.