Section 21-14-4-2.5 - Reduction of educational costs for certain students(a) This section applies to an individual who qualifies as an eligible applicant under section 1(a)(3) of this chapter because the individual's father or mother:(1) enlisted or otherwise initially served in the armed forces of the United States after June 30, 2011; and(2) suffered a disability as determined by the United States Department of Veterans Affairs.(b) This section does not apply to an individual who: (1) is an eligible applicant under section 1(a)(3) of this chapter; and(2) qualifies as an eligible applicant under section 1(a)(1) or 1(a)(2) of this chapter.(c) Subject to subsection (d) and section 2(b) of this chapter, the eligible applicant is entitled to a reduction in the educational costs that would otherwise apply as follows:(1) If the individual's father or mother suffered a disability as determined by the United States Department of Veterans Affairs with a rating of eighty percent (80%) or more, the individual is entitled to a one hundred percent (100%) reduction in education costs.(2) If the individual's father or mother suffered a disability as determined by the United States Department of Veterans Affairs with a rating of less than eighty percent (80%), the individual is entitled to a reduction in education costs equal to the sum of:(A) twenty percent (20%); plus(B) the disability rating of the individual's father or mother.(d) The latest disability rating determined by the United States Department of Veterans Affairs for an individual's father or mother shall be used to compute the percentage by which education costs are reduced under this section. If the disability rating of the individual's father or mother changes after the beginning of an academic semester, quarter, or other period for which educational costs have been reduced under this section, the change in disability rating shall be applied beginning with the immediately following academic semester, quarter, or other period.Amended by P.L. 112-2019,SEC. 10, eff. 7/1/2019.Added by P.L. 169-2011, SEC. 17, eff. 7/1/2011.