REIMBURSEMENT OF PROGRAM PROVIDERS FOR STUDENT ACHIEVEMENT.

(a) To the extent money is available for that purpose, the commission shall reimburse each approved provider participating in the program for the achievement of the following milestones by students receiving services from the provider:

(1) $250 for the completion of a half credit;

(2) $250 for the completion of an employability skills certification program equal to at least one credit or the equivalent;

(3) $250 for the attainment of an industry-recognized credential requiring not more than 50 hours of training;

(4) $500 for the attainment of an industry-recognized credential requiring at least 50 but not more than 100 hours of training;

(5) $750 for the attainment of an industry-recognized credential requiring more than 100 hours of training; and

(6) $1,000 for the obtainment of a high school diploma.

(b) Not later than the 10th calendar day of each month, an approved provider participating in the program shall submit to the commission an invoice for the milestones achieved by the provider's students during the previous calendar month.

(c) The commission shall reimburse approved program providers in the order in which invoices are received by the commission until all funds available for the program are exhausted.