1. (a) Each state fiscal year, the department shall, for each school corporation, determine the following:

   1. (1) Determine each eligible pupil who:

      1. (A) successfully completed an Indiana diploma with a Core 40 with academic honors designation program; and
      2. (B) was receiving Supplemental Nutrition Assistance Program
      3. (SNAP) benefits, Temporary Assistance for Needy Families

      4. (TANF) benefits, or foster care services;

         in the school year ending in the previous state fiscal year.

   2. (2) Determine each eligible pupil who:

      1. (A) successfully completed an Indiana diploma with a Core 40 with technical honors designation program; and
      2. (B) was receiving Supplemental Nutrition Assistance Program
      3. (SNAP) benefits, Temporary Assistance for Needy Families

      4. (TANF) benefits, or foster care services;

         in the school year ending in the previous state fiscal year. However, an eligible pupil who would otherwise be double counted under this subdivision and subdivision (1) may not be considered to meet the requirements under this subdivision.

   3. (3) Determine each eligible pupil who:

      1. (A) successfully completed an Indiana diploma with a Core 40 with academic honors designation program; and

      2. (B) was not receiving Supplemental Nutrition Assistance Program (SNAP) benefits, Temporary Assistance for Needy Families (TANF) benefits, or foster care services;

         in the school year ending in the previous state fiscal year.

   4. (4) Determine each eligible pupil who:

      1. (A) successfully completed an Indiana diploma with a Core 40 with technical honors designation program; and

      2. (B) was not receiving Supplemental Nutrition Assistance Program (SNAP) benefits, Temporary Assistance for Needy Families (TANF) benefits, or foster care services;

         in the school year ending in the previous state fiscal year. However, an eligible pupil who would otherwise be double counted under this subdivision and subdivision (3) may not be considered to meet the requirements under this subdivision.

2. (b) The amount of a school corporation's grant under this section based on a particular eligible pupil is equal to:

   1. (1) in the case of an eligible pupil described in subsection (a)(1) or (a)(2):

      1. (A) for the state fiscal year beginning July 1, 2025, and ending June 30, 2026, one thousand four hundred ninety-one dollars ($1,491); and
      2. (B) for the state fiscal year beginning July 1, 2026, and ending June 30, 2027, one thousand four hundred ninety-seven dollars ($1,497); and

   2. (2) in the case of an eligible pupil described in subsection (a)(3) or (a)(4):

      1. (A) for the state fiscal year beginning July 1, 2025, and ending June 30, 2026, one thousand ninety-four dollars ($1,094); and
      2. (B) for the state fiscal year beginning July 1, 2026, and ending June 30, 2027, one thousand ninety-eight dollars ($1,098).

3. (c) An amount received by a school corporation as determined under this section may be used only for:

   1. (1) any:

      1. (A) staff training;
      2. (B) program development;
      3. (C) equipment and supply expenditures; or

      4. (D) other expenses;

         directly related to the school corporation's honors designation program; and

   2. (2) the school corporation's program for high ability students.
4. (d) A governing body that does not comply with this section for a school year is not eligible to receive an amount under this section for the following school year.

As added by P.L.201-2023, SEC.212. Amended by P.L.213-2025, SEC.195.