Sec. 9. The commission for higher education may consider an associate degree awarded under this chapter in reference to both:
(1) Ivy Tech Community College or Vincennes University, as applicable; and
(2) the state educational institution in which the individual awarded the associate degree by Ivy Tech Community College or Vincennes University subsequently enrolled;
for the purposes of the higher educational operating funding outcomes based formula created by the commission for higher education under IC 21-18-16-2.