Authors: Representative Thomas Dermody
Co-authors: Representative Casey Cox
Requires the commission for higher education (commission), in consultation with postsecondary educational institutions, to adopt, not later than August 1, 2015, guidelines for postsecondary educational institutions concerning the administration of the return and complete project. Requires the commission, in collaboration with the postsecondary educational institutions, to compile certain information. Requires the commission, beginning in 2016, to annually report to the legislative council certain information. Establishes the return and complete grant fund to fund grants for eligible students who: (1) are Indiana residents; (2) earned some course credit from a postsecondary educational institution before January 1, 2014; (3) have not earned an associate or baccalaureate degree as of January 1, 2015; and (4) have not been enrolled in any postsecondary educational institutions since January 1, 2014. Establishes the eligibility requirements for the grant. Requires the commission to administer the grant as a financial aid award. Provides that: (1) the amount of a complete and return grant awarded may not be reduced because the student receives other scholarships or forms of financial aid; and (2) the amount of any other state financial aid received by a student may not be reduced because the student receives a return and complete grant.