Indiana Code Title 21. Higher Education § 21-12-10-3

(1) is a resident of Indiana, as defined by the commission;

(2) attended a publicly supported school on a full-time equivalency basis for at least the last two (2) semesters before the individual graduated from high school;

(3) had legal settlement (as defined in IC 20-18-2-11) in Indiana for at least the last two (2) semesters before the individual graduated from high school;

(4) received an Indiana diploma with a Core 40 designation by the end of grade 11 (including any summer school courses completed before July 1 of a year) after December 31, 2010, from the publicly supported school that the individual last attended for course credits;

(5) was not enrolled in a publicly supported school for any part of grade 12;

(6) applies to the commission for a Mitch Daniels early graduation scholarship in the manner specified by the commission;  and

(7) enrolls as a full-time student at an eligible institution not later than the fall semester (or its equivalent, as determined by the commission) in the academic year immediately following the year in which the student graduates from high school.