Indiana Code Title 20. Education § 20-43-10.5-1

Sec. 1. (a) In addition to the amount a school corporation is entitled to receive in basic tuition support, each school corporation is eligible to receive an academic performance grant.  Subject to subsections (d) and (e), the amount of a school corporation's grant for a state fiscal year is equal to the amounts determined under subsection (b) or (c), as applicable.

(b) This subsection applies to the state fiscal year beginning July 1, 2025.  The amount of a school corporation's grant for a state fiscal year is equal to the aggregate of each of the single largest amounts determined for each student under:

(c) This subsection applies to the state fiscal year beginning July 1, 2026.  The amount of a school corporation's grant for a state fiscal year is equal to the result under the following formula:

STEP ONE:  Determine the aggregate of each of the single largest amounts determined for each student under:

STEP TWO:  Determine the aggregate of the amounts determined for each student under:

STEP THREE:  Determine the aggregate of the larger of the amounts determined under STEP ONE or STEP TWO for each student.

(d) For purposes of subsections (b) and (c), if a school corporation:

the school corporation may only receive as part of the school corporation's grant in the subsequent state fiscal year the amount equal to the greater of zero (0) or the difference between the amount described in subdivision (2) minus the amount described in subdivision (1).

(e) Each school corporation and charter school shall submit information prescribed by the department that is necessary to make the determinations required under this chapter.