For purposes of this chapter, "academic honors student" refers to a student who:

1. (1) for the student's first academic year, graduated from high school with an Indiana diploma with a Core 40 with academic honors designation or technical honors designation; or
2. (2) for a student's most recently concluded academic year that is after the student's first academic year, maintained a cumulative grade point average of at least 3.0 on a 4.0 grading scale or its equivalent as established by the eligible institution.

As added by P.L.281-2013, SEC.5. Amended by P.L.192-2018, SEC.52.