IC 20-43-16-8: Stipend amounts

Sec. 8. The amount of the stipend that a school corporation or charter schools may distribute to a teacher for a state fiscal year under this chapter must be within the following amounts:

(1) For a teacher who receives a stipend for a recognition designation, three thousand five hundred dollars ($3,500).

(2) For a teacher who receives a stipend for an exemplary designation, five thousand dollars ($5,000).

(3) For a teacher who receives a stipend for an exemplary plus designation, seven thousand five hundred dollars ($7,500).