Indiana Statutes
§ 21-13-6-4 — Administration of fund
Indiana·Title 21 HIGHER EDUCATION·Art. 13 OCCUPATIONAL SCHOLARSHIPS AND·Ch. 6 Primary Care Physician Loan Forgiveness Program
(a)The commission shall administer the fund.
(b)The expenses of administering the fund shall be paid from
money in the fund.
(c)The treasurer of state shall invest the money in the fund not
currently needed to meet the obligations of the fund in the same
manner as other public funds. Interest that accrues from those
investments shall be deposited in the fund.
(d)Money in the fund at the end of a fiscal year does not revert to
the state general fund but remains available to be used to provide
money for student loan forgiveness payments under this chapter.
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Legislative History
As added by P.L.170-2009, SEC.4.
Nearby Sections
15
§ 21-12-1-1
Definitions§ 21-12-1-10
"Frank O'Bannon grant"§ 21-12-1-11
"Fund"§ 21-12-1-11.5
"Prior learning assessment"§ 21-12-1-12
Repealed§ 21-12-1-13
"Program"§ 21-12-1-14
"Scholarship"§ 21-12-1-15
"Scholarship applicant"§ 21-12-1-16
"Scholarship recipient"§ 21-12-1-2
"Academic term"§ 21-12-1-3
"Academic year"§ 21-12-1-4
"Active duty"§ 21-12-1-4.5
"Adult student grant"§ 21-12-1-5
"Approved secondary school"§ 21-12-1-6
"Commission"