(1) In this section: (a) “Bureau of Indian education” means the bureau of Indian education in the federal department of the interior. (b) “Indian student” has the meaning given in 25 USC 1801 (a) (7). (c) “Indian student count” has the meaning given in 25 USC 1801 (a) (8). (d) “Tribal college” means an accredited college, operated or controlled by a federally recognized American Indian tribe or band in this state, that meets the requirements of 25 USC 1804. (2) From the appropriation under s. 20.235 (1) (kc), the board shall make payments to the governing bodies of tribal colleges, as provided in subs. (4) and (5). (3) Not later than October 15 of each year, the governing body of any tribal college that desires to receive payments under sub. (2) shall report to the board all of the following: (a) The number of full-time equivalent students enrolled at the tribal college for the previous academic year who reside in Wisconsin and for whom the tribal college will not receive funds from the bureau of Indian education. (b) The Indian student count for the previous academic year. (c) The per student funding amount that the tribal college has received or expects to receive from the bureau of Indian education based on the tribal college’s reported Indian student count for the previous academic year. (4) Not later than December 31 of each year, the board shall make a payment to each governing body of a tribal college that has timely submitted to the board a report under sub. (3). Subject to sub. (5), the amount of the annual payment to each tribal college shall be the result obtained by multiplying the number reported under sub. (3) (a) by the per student funding amount reported under sub. (3) (c). (5) If the moneys appropriated under s. 20.235 (1) (kc) are not sufficient to make full payment to each tribal college under sub. (4), the board shall prorate the payments to tribal colleges under sub. (4) in the proportion that the moneys available bears to the total amount of payments that would be made if sufficient moneys had been appropriated under s. 20.235 (1) (kc).
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