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Current as of January 02, 2024 | Updated by FindLaw Staff
Sec. 2. Subject to section 1 of this chapter, a school corporation's early graduation award for a state fiscal year is the amount determined using the following formula:
STEP ONE: Determine the number of students who met the following conditions during the student's expected graduation year (as defined in IC 20-26-13-4) for the school year ending in the previous state fiscal year:
(A) The student was enrolled in the school corporation on the fall count day of ADM established under IC 20-43-4-3.
(B) The student successfully completed Indiana high school graduation requirements before the day in February fixed by the state board for the spring count of students under IC 20-43-4-3.
(C) The student was not enrolled in the school corporation on the day in February fixed by the state board for the spring count of students under IC 20-43-4-3.
STEP TWO: Multiply the STEP ONE result by one thousand five hundred dollars ($1,500).
Cite this article: FindLaw.com - Indiana Code Title 20. Education § 20-43-10.5-2 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-20-education/in-code-sect-20-43-10-5-2/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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