Indiana § 20-24-12-8 - Criteria for receiving grant or loan
Full text of Indiana Indiana Code § 20-24-12-8 — Criteria for receiving grant or loan, with citation guidance and answers to common questions.
§ 20-24-12-8. Criteria for receiving grant or loan
Sec. 8. In making its determination to approve or disapprove a grant or loan application, the department may consider the following:
(1) The soundness of the financial business plans of the applicant charter school.
(2) The availability to the charter school of other sources of funding.
(3) The geographic distribution of grants or loans made from the fund.
(4) The impact that grants or loans received under this chapter will have on the charter school's receipt of other private and public financing.
(5) Plans for innovatively enhancing or leveraging funds received under this chapter, such as loan guarantees or other types of credit enhancements.
(6) The financial needs of the charter school.
As added by P.L.91-2011, SEC.25.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 20-24-12-8
What does Indiana Code § 20-24-12-8 cover?
Section 20-24-12-8 ("Criteria for receiving grant or loan") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 20-24-12-8?
A common citation format is "Indiana Code § 20-24-12-8" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 20-24-12-8 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.