Sec. 16. The cabinet shall review data from each approved eligible program provider to ensure that the programs offered by each approved eligible program provider are achieving minimum program performance standards. The minimum program performance standards must include the following:

(1) A minimum of a fifty percent (50%) graduation rate for each cohort.

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Terms Used In Indiana Code 22-4.1-27-16

  • cabinet: refers to the governor's workforce cabinet established by IC 4-3-27-3. See Indiana Code 22-4.1-27-1
  • cost per graduate: means an amount equal to:

    Indiana Code 22-4.1-27-2

  • eligible program provider: means an accredited public, nonprofit, or private diploma granting institution with at least two (2) years of experience providing adult dropout recovery services that:

    Indiana Code 22-4.1-27-4

  • graduation rate: means the percentage, out of the total number of students who enrolled in the program during the state fiscal year that precedes the immediately preceding state fiscal year, of students who graduated in the two (2) immediately preceding state fiscal years and for whom the approved eligible provider received reimbursement under this chapter. See Indiana Code 22-4.1-27-5
  • program: refers to the workforce diploma reimbursement program established by section 7 of this chapter. See Indiana Code 22-4.1-27-6
(2) A cost per graduate for a cohort of not more than six thousand seven hundred fifty dollars ($6,750).

As added by P.L.237-2019, SEC.2.

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