1. (a) This section applies to a grant or reduction in tuition or fees described in section 1 or 2 of this chapter.

2. (b) As used in this section, "professional degree program or accelerated graduate degree program" refers to a four (4) or five (5) year postsecondary school course of study:

   1. (1) to which an individual may be admitted without completing a baccalaureate degree;
   2. (2) that requires an individual to enroll in graduate level or professional degree courses before completing a baccalaureate degree; and
   3. (3) that leads to a degree that is not an undergraduate degree, as determined by the commission.

3. (c) An individual who has previously received a grant or reduction in tuition or fees described in section 1 or 2 of this chapter may continue to use all renewals and extensions for a professional degree program or accelerated graduate degree program. The total grant or reduction in tuition or fees under a statute listed in section 1 or 2 of this chapter for all:

   1. (1) undergraduate credit hours or semesters; and

   2. (2) professional degree program or accelerated graduate degree program credit hours or semesters;

      may not exceed the maximum credit hours or semesters permitted under section 1 or 2 of this chapter, as applicable and must be used within eight (8) years after the date the individual first applies and becomes eligible for benefits under the applicable law.

As added by P.L.169-2011, SEC.14. Amended by P.L.6-2012, SEC.147; P.L.191-2017, SEC.4.