The annual grant amount for a school for each state fiscal year is:

1. (1) one thousand four hundred dollars ($1,400); multiplied by
2. (2) the number of eligible pupils who are counted in the current ADM of the school.

As added by P.L.213-2015, SEC.162. Amended by P.L.108-2019, SEC.211; P.L.165-2021, SEC.152; P.L.201-2023, SEC.158; P.L.214-2025, SEC.66.