Indiana Code Title 16. Health § 16-46-5-8

Sec. 8. (a) The Indiana health care professional recruitment and retention fund is established.  The purpose of the fund is to provide loan repayment for student loans incurred by health care professionals to encourage the delivery of health care in shortage areas.  The state department shall administer the fund.

(b) The fund consists of the following:

(c) The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund.

(d) Money in the fund at the end of a state fiscal year does not revert to the state general fund.

(e) The fund shall be used to do the following:

The administrative costs paid from the fund under subdivision (2) may not exceed thirty thousand dollars ($30,000) per year.