Section 512IAC4-1-3.3. Determination of scholarship amount

  3. (a) The department will initially determine an estimated amount of an eligible choice scholarship student's choice scholarship and will provide notice of the amount in the manner described in section 3.1 of this rule.

  (b) The amount determined initially by the department will only be an estimate based on the information provided to the department at the time of application.

  (c) After the close of the application window and the receipt of all data necessary to determine the eligible choice scholarship student's choice scholarship individual award by the department, the department will determine a final amount of an eligible choice scholarship student's choice scholarship in accordance with  IC 20-51-4-4  and provide notice of the same through the department's application portal.

  (d) The choice scholarship amount for an eligible choice scholarship student may be adjusted proportionally if the final award differs from the estimated award amount. (Department of Education; 512 IAC 4-1-3.3; filed Jan 21, 2016, 1:32 p.m.: 20160217-IR-512140509FRA)