12-13-7-19. State or federal higher education award paid directly to institution as income affecting eligibility for assistance

IN Code § 12-13-7-19 (2019) (N/A)
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Sec. 19. Except as provided by federal law, if an individual receives a state or federal higher education award that is paid directly to an approved postsecondary educational institution for that individual's benefit:

(1) the individual is not required to report the award as income or as a resource of the individual when applying for assistance administered under this chapter; and

(2) the award may not be considered as income or a resource of the individual in determining initial or continuing eligibility for assistance administered under this article.

[Pre-1992 Revision Citation: 12-1-2-19.]

As added by P.L.2-1992, SEC.7. Amended by P.L.2-2007, SEC.157.