Sec. 6. (a) "Approved postsecondary educational institution", for purposes of this title (except section 15 of this chapter and IC 21-12-6 ) means the following: (1) A postsecondary educational institution that operates in Indiana and: (A) provides an organized two (2) year or longer program of collegiate grade directly creditable toward a baccalaureate degree; (B) is either operated by the state or operated nonprofit; and (C) is accredited by a recognized regional accrediting agency, including: (i) Ancilla College; (ii) Anderson University; (iii) Bethel University; (iv) Butler University; (v) Calumet College of St. Joseph; (vi) DePauw University; (vii) Earlham College; (viii) Franklin College; (ix) Goshen College; (x) Grace College and Seminary; (xi) Hanover College; (xii) Holy Cross College; (xiii) Huntington University; (xiv) Indiana Institute of Technology; (xv) Indiana Wesleyan University; (xvi) Manchester University; (xvii) Marian University; (xviii) Martin University; (xix) Oakland City University; (xx) Rose-Hulman Institute of Technology; (xxi) Saint Mary-of-the-Woods College; (xxii) Saint Mary's College; (xxiii) Taylor University; (xxiv) Trine University; (xxv) University of Evansville; (xxvi) University of Indianapolis; (xxvii) University of Notre Dame; (xxviii) University of Saint Francis; (xxix) Valparaiso University; and (xxx) Wabash College; or is accredited by the board for proprietary education under IC 21-18.5-6 or an accrediting agency recognized by the United States Department of Education. (2) Ivy Tech Community College. (3) A hospital that operates a nursing diploma program that is accredited by the Indiana state board of nursing. (4) A postsecondary credit bearing proprietary educational institution that meets the following requirements: (A) Is incorporated in Indiana, or is registered as a foreign corporation doing business in Indiana. (B) Is fully accredited by and is in good standing with the board for proprietary education under IC 21-18.5-6 . (C) Is accredited by and is in good standing with a regional or national accrediting agency. (D) Offers a course of study that is at least eighteen (18) consecutive months in duration (or an equivalent to be determined by the board for proprietary education under IC 21-18.5-6 ) and that leads to an associate or a baccalaureate degree recognized by the board for proprietary education under IC 21-18.5-6 . (E) Is certified by the board for proprietary education as meeting the requirements of this subdivision. (5) A postsecondary SEI affiliated educational institution. (b) "Approved postsecondary educational institution" for purposes of section 15 of this chapter and IC 21-12-6 , means the following: (1) A state educational institution. (2) A nonprofit college or university. (3) A postsecondary credit bearing proprietary educational institution that is accredited by an accrediting agency recognized by the United States Department of Education. (4) A postsecondary SEI affiliated educational institution. [Pre-2007 Higher Education Recodification Citations: 20-12-21-3(2); 20-12-70-4.]
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