An individual qualifies for an initial scholarship from the fund if the individual:

1. (1) is a minority student;
2. (2) is admitted to an eligible institution as a full-time student or already attends an eligible institution as a full-time student;

3. (3) either:

   1. (A) intends to pursue; or

   2. (B) in the case of a student who is already attending an eligible institution, pursues;

      a course of study that would enable the student, upon graduation, to teach in an accredited school in Indiana;

4. (4) agrees, in writing, to apply for a teaching position in an accredited school in Indiana following that student's certification as a teacher, and, if hired, to teach for at least three (3) years; and

5. (5) meets any other minimum criteria established by the commission.

   [Pre-2007 Higher Education Recodification Citation: 20-12-21.7-9(a).]

As added by P.L.2-2007, SEC.254. Amended by P.L.205-2013, SEC.318.