IC 20-24-13-3: Grant program established; uses; administration by the state board

Sec. 3. (a) An annual grant program is established to provide funding to a school for the following:

(1) Capital improvements for the school, including the renovation or expansion of a facility, or for debt or lease payments owed on a facility, including advances from the common school fund under IC 20-49-9.

(2) The purposes for which the school corporation's operations fund may be used by a school corporation under IC 20-40-18.

(3) The purposes for which a technology grant from the Senator David C. Ford educational technology fund may be used by a school corporation under IC 20-20.5-6-3.

(b) The program shall be administered by the state board.

(c) The state board shall establish a written application and procedure for providing grants under this chapter to a school described in section 5 of this chapter.