Sec. 15. This section applies to state fiscal years beginning after June 30, 2021. A school corporation's career and technical education enrollment grant for a state fiscal year is the sum of the amounts determined under the following STEPS:
STEP ONE: Determine for each career and technical education program provided by the school corporation:
(A) the number of credit hours of the program (one (1) credit, two (2) credits, or three (3) credits); multiplied by
(B) the number of pupils enrolled in the program; multiplied by
(C) the following applicable amount:
(i) Six hundred eighty dollars ($680) for a career and technical education program designated by the department of workforce development as a high value level 1 program under section 7.5 of this chapter.
(ii) One thousand twenty dollars ($1,020) for a career and technical education program designated by the department of workforce development as a high value level 2 program under section 7.5 of this chapter.
(iii) Four hundred dollars ($400) for a career and technical education program designated by the department of workforce development as a moderate value level 1 program under section 7.5 of this chapter.
(iv) Six hundred dollars ($600) for a career and technical education program designated by the department of workforce development as a moderate value level 2 program under section 7.5 of this chapter.
(v) Two hundred dollars ($200) for a career and technical education program designated by the department of workforce development as a less than moderate value level 1 program under section 7.5 of this chapter.
(vi) Three hundred dollars ($300) for a career and technical education program designated by the department of workforce development as a less than moderate value level 2 program under section 7.5 of this chapter.
STEP TWO: Determine the number of pupils enrolled in an apprenticeship program or a work based learning program designated under section 7.5 of this chapter multiplied by five hundred dollars ($500).
STEP THREE: Determine the number of pupils enrolled in an introductory program designated under section 7.5 of this chapter multiplied by three hundred dollars ($300).
STEP FOUR: Determine the number of pupils enrolled in a planning for college and career course under section 7.5 of this chapter at the school corporation that is approved by the department of workforce development multiplied by one hundred fifty dollars ($150).
STEP FIVE: Determine the number of pupils who travel from the school in which they are currently enrolled to another school to participate in a career and technical education program in which pupils from multiple schools are served at a common location multiplied by one hundred fifty dollars ($150).
As added by P.L.230-2017, SEC.24. Amended by P.L.86-2018, SEC.184; P.L.108-2019, SEC.230; P.L.154-2020, SEC.42; P.L.165-2021, SEC.166.