INDIANAPOLIS — The clock is ticking for schools that aren’t meeting in-person. As things stand now, schools in Indiana that aren’t meeting for in-person classes at least half the time will lose 15-percent of their state aid. Indianapolis Public Schools is currently all online with no in-person classes. IPS Superintendent Aleesia Johnson says the district can’t afford the loss of that state aid, stating that 15 percent of their state aid would be 20 million-dollars. Johnson says IPS has already spent 27 million-dollars that they did not budget on the coronavirus. She says IPS cannot afford to lose another 20-million. Governor Eric Holcomb says he’s working to ensure schools are not punished for moving completely online.