Ind. Code § 20-32-4-4.1

(1) if: (A) the student was unsuccessful in completing a postsecondary readiness competency requirement established by the state board under section 1.5(c) of this chapter after the completion of eight (8) high school semesters, including a student who was in the process of completing a competency at one (1) school that was not offered by the school to which the student transferred; and (B) the student attempted to achieve at least three (3) separate postsecondary readiness competencies established by the state board under section 1.5(c) of this chapter; or

(2) if a student transfers to a school subject to the requirements of this chapter during the student's senior year from a nonaccredited nonpublic school that has less than one (1) employee or a school out of state and the student: (A) attempted to achieve at least one (1) postsecondary readiness competency requirement established by the state board under section 1.5(c) of this chapter; and (B) was unsuccessful in completing the attempted postsecondary readiness competency described in clause (A). (b) For a student to receive a waiver described in subsection (a), the student must: (1) maintain at least a "C" average, or its equivalent, throughout the student's high school career in courses comprising credits required for the student to graduate; (2) maintain a school attendance rate of at least ninety-five percent (95%) with excused absences not counting against the student's attendance;