1. (a) For purposes of this section, "minority student" means a student who is a member of at least one (1) of the following groups:

   1. (1) Blacks.
   2. (2) American Indians.
   3. (3) Hispanics.
   4. (4) Asian Americans.
   5. (5) Other similar racial groups.

2. (b) The council shall develop a program to provide grants from the state technology advancement and retention account established by IC 4-12-12-1 for minority training programs for minority students. The grants must be used as follows:

   1. (1) Thirty-five percent (35%) for programs designed to enhance training in technology advancement for minority students.
   2. (2) Sixty-five percent (65%) for generalized training programs for minority students.
3. (c) The council shall adopt policies under which recipients may apply for and receive the grants.
4. (d) Grants issued under this section are subject to approval by the budget agency.

As added by P.L.69-2015, SEC.48.