1. (a) Each reporting year, the department shall determine and report the following for each cohort:

   1. (1) A four (4) year graduation rate determined under section 10 of this chapter.
   2. (2) A five (5) year graduation rate determined under section 10.2 of this chapter.
   3. (3) A six (6) and subsequent year graduation rate determined under section 10.5 of this chapter.
2. (b) Except for the correction of calculation errors, a four (4) year and five (5) year graduation rate may not be altered after the rates are initially reported.

As added by P.L.229-2007, SEC.11.