Sec. 1. (a) The National Guard tuition supplement program fund is established to provide the financial resources necessary to award the tuition scholarships authorized under the program.

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Terms Used In Indiana Code 21-13-4-1

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
     (b) The commission shall administer the fund.

     (c) The expenses of administering the fund shall be paid from money in the fund.

     (d) Money in the fund at the end of a state fiscal year does not revert to the state general fund but remains available to be used for providing money for national guard tuition supplement scholarships under this chapter.

     (e) Money in the fund may not be expended, removed, or transferred from the fund by the state board of finance, the budget agency, the commission, or any other state agency for any purpose except for the purposes specified in this chapter.

[Pre-2007 Higher Education Recodification Citation: 20-12-74-6.]

As added by P.L.2-2007, SEC.254. Amended by P.L.234-2007, SEC.59; P.L.240-2023, SEC.4.

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