Sec. 4. (a) Except as provided under subsection (b), in addition to the amount a school corporation is entitled to receive in basic tuition support, each school corporation is entitled to receive a grant for career and technical education programs. For state fiscal years beginning after June 30, 2023, the amount of the grant is the sum of:

(1) the aggregate amount determined under section 15 of this chapter; plus

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Terms Used In Indiana Code 20-43-8-4

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(2) the amount determined for the school corporation under section 15.5 of this chapter.

     (b) A school corporation may not receive a grant under this chapter for a student enrolled in a career and technical education program if the student is enrolled in the CSA program established by IC 20-51.4-3-1.5.

[Pre-2006 Recodification Citation: 21-3-12-4 part.]

As added by P.L.2-2006, SEC.166. Amended by P.L.234-2007, SEC.138; P.L.213-2015, SEC.221; P.L.230-2017, SEC.14; P.L.201-2023, SEC.206.