Indiana Code § 21-38-8-7

Matching grants; use
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Sec. 7. (a) Each matching grant from the fund is intended to be used to supplement, and may not be used instead of, a distinguished teacher's regular annual salary.       (b) The council may not approve a matching grant from the fund that exceeds income generated from the endowment of the institution. [Pre-2007 Higher Education Recodification Citation: 20-12-69-12.]

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