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
§ 21-12-1-11
"Fund"
§ 21-12-1-12
Repealed
§ 21-12-1-13
"Program"
§ 21-12-1-14
"Scholarship"
§ 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"
§ 21-12-1-6
"Commission"
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