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Current as of January 02, 2024 | Updated by Findlaw Staff
Sec. 26.5. (a) “Postsecondary SEI affiliated educational institution” means a degree granting and credit bearing institution that:
(1) is organized as a public benefit corporation (as described in IC 23-17-2-23) and controlled by a state educational institution;
(2) is authorized under procedures approved by the executive officer of the commission under IC 21-18-12.4 to provide instructional or educational services or training in Indiana using onsite, online, or any combination of these or other instructional modalities;
(3) is accredited by a recognized regional accrediting agency or is seeking or progressing toward accreditation by a recognized regional accrediting agency; and
(4) has its debts and liabilities backed by the controlling state educational institution described in subdivision (1) in the form of a contribution, bond, or other surety consisting solely of eligible property (as defined in IC 21-27-10-4).
(b) The term does not include the following:
(1) A state educational institution.
(2) A postsecondary credit bearing proprietary educational institution approved or regulated by the board for proprietary education under IC 21-18.5-6.
(3) Any educational institution or educational training that:
(A) is maintained or provided by an employer or employers at no charge for employees or potential employees;
(B) is maintained or provided by a labor organization at no charge for its members or apprentices; or
(C) offers instruction that is exclusively focused on self-improvement or exclusively intended to be motivational or avocational, including instruction in dance, music, self-defense, and private tutoring.
(4) A public or nonprofit degree granting institution organized or incorporated in a jurisdiction other than Indiana that offers instructional or educational services or training in Indiana.
(5) A religious institution that offers educational instruction or an educational program of a clearly religious nature.
Cite this article: FindLaw.com - Indiana Code Title 21. Higher Education § 21-7-13-26.5 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-21-higher-education/in-code-sect-21-7-13-26-5/
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 before relying on it for your legal needs.
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