Indiana Statutes
§ 21-16-4-11 — Student loan program fund; administration
Indiana·Title 21 HIGHER EDUCATION·Art. 16 EARN INDIANA PROGRAM; STUDENT LOANS;·Ch. 4 Guaranteed Student Loan Program
Funds received under the loan program shall
be deposited with the treasurer of state in a separate account known as
the "student loan program fund". The money remaining in the student
loan program fund at the end of a state fiscal year does not revert to the
state general fund but remains available to be used for providing
student loans under this chapter. After consultation with the program
director of the loan program, the treasurer of state shall invest the
funds. The income earned on the invested amount is part of the fund.
[Pre-2007 Higher Education Recodification Citation:
20-12-21.1-4.]
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Legislative History
As added by P.L.2-2007, SEC.257. Amended by P.L.234-2007,
SEC.50.
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Repealed§ 21-12-1-13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"