For purposes of administering this chapter, the commission shall do the following:
- (1) Prepare and supervise the issuance of public information concerning this chapter, IC 21-12-2 , IC 21-12-3 , and IC 21-12-4 .
- (2) Prescribe the form and regulate the submission of applications for higher education awards and the commission's programs.
- (3) Conduct conferences and interviews with applicants as appropriate.
- (4) Determine the eligibility of applicants.
- (5) Select qualified applicants.
- (6) Determine annually the maximum higher education award ( IC 21-12-3 ) and freedom of choice award ( IC 21-12-4 ), subject to approval by the budget agency with review by the budget committee.
- (7) Determine the respective amounts of, and award, the appropriate higher education awards, grants, and scholarships.
- (8) Determine eligibility for, and award, annual renewals of higher education awards, grants, and scholarships.
- (9) Act as the designated state agency for participation in any federal program for reinsurance of student loans.
- (10) Receive federal funds made available to the commission for awards, grants, and scholarships, and disburse these funds in the manner prescribed by federal law.
- (11) One (1) time every year, submit a report to the legislative council that provides data and statistical information regarding the number of individuals who received assistance under IC 21-12-6 and IC 21-12-6.5 . The report made to the legislative council must be in an electronic format under IC 5-14-6 .
- (12) One (1) time every year, submit a report to the budget committee that provides data and statistical information regarding the number of individuals who received assistance under IC 21-12 , IC 21-13 , and IC 21-14 .
As added by P.L.107-2012, SEC.58. Amended by P.L.46-2014, SEC.5; P.L.81-2019, SEC.11.