NEWARK, Ohio (AP) _ Mike Giomi, who was dismissed from Indiana University's basketball team in January, will transfer to North Carolina State, where he will be eligible to play starting in the 1986-87 season, according to a published report.

A story in The (Newark) Sunday Advocate said Giomi would make a trip to the North Carolina State campus to sign a letter of intent within the next two weeks.

It said Giomi did not want to talk about the move before the North Carolina State coaching staff made a statement.

North Carolina State Coach Jim Valvano, contacted by the newspaper at his Raleigh, N.C., office, said NCAA rules prevent him from commenting on any possible transfer until it is official.

Giomi, who will be a junior academically this year, will have to sit out the 1985-86 season and will have one year of collegiate eligibility remaining.

The 6-foot-9 forward was dismissed from the Indiana team in January by Coach Bob Knight after admitting that he missed three classes in the second semester.

Knight took away Giomi's scholarship before last season began after Giomi had failed a summer class. Giomi was allowed to play for the team as a walk-on with the stipulation that he not miss any classes.

At the time of his dismissal, Giomi was the team's leading rebounder and third leading scorer. He also led the team in field goal accuracy, setting a school single-game record by hitting eight of eight shots from the field in a game against Wisconsin.