Indiana § 21-13-6-5 Student loan forgiveness payments

Indiana Statutes

§ 21-13-6-5 — Student loan forgiveness payments

Indiana·Title 21 HIGHER EDUCATION·Art. 13 OCCUPATIONAL SCHOLARSHIPS AND·Ch. 6 Primary Care Physician Loan Forgiveness Program

(a)The money in the fund must be used to provide annual student loan forgiveness payments to qualified primary care physicians who are residents of Indiana and practice medicine in Indiana.

(b)Subject to section 8 of this chapter, a student loan forgiveness payment awarded in a particular year under this section is equal to the lesser of the following amounts:

(1)The balance of the physician's total amount of student loans.

(2)Five thousand dollars ($5,000).

(c)A primary care physician is eligible for a student loan forgiveness payment under this section each year that the individual meets the qualifications under section 6 of this chapter.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) The money in the fund must be used to
provide annual student loan forgiveness payments to qualified primary
care physicians who are residents of Indiana and practice medicine in
Indiana.
(b) Subject to section 8 of this chapter, a student loan forgiveness
payment awarded in a particular year under this section is equal to the
lesser of the following amounts:
(1) The balance of the physician's total amount of student loans.
(2) Five thousand dollars ($5,000).
(c) A primary care physician is eligible for a student loan
forgiveness payment under this section each year that the individual
meets the qualifications under section 6 of this chapter.

Indiana § 21-13-6-5 (Student loan forgiveness payments) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.