CHAPTER 6. PRIMARY CARE PHYSICIAN LOAN FORGIVENESS PROGRAM
IC 21-13-6
Chapter 6. Primary Care Physician Loan Forgiveness Program
IC 21-13-6-1
"Primary care physician"
Sec. 1. As used in this chapter, "primary care physician" means a
physician who practices in any of the following areas:
(1) Family practice.
(2) Pediatrics.
(3) Obstetrics and gynecology.
(4) Internal medicine.
As added by P.L.170-2009, SEC.4.
IC 21-13-6-2
Primary care physician loan forgiveness program
Sec. 2. (a) The primary care physician loan forgiveness program
is established.
(b) The commission shall administer the primary care physician
loan forgiveness program.
As added by P.L.170-2009, SEC.4.
IC 21-13-6-3
Primary care physician loan forgiveness fund
Sec. 3. (a) The primary care physician loan forgiveness fund is
established to encourage and promote qualified physicians to pursue
a medical career in Indiana.
(b) The fund consists of the following:
(1) Appropriations by the general assembly.
(2) Gifts to the fund.
As added by P.L.170-2009, SEC.4.
IC 21-13-6-4
Administration of fund
Sec. 4. (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.
As added by P.L.170-2009, SEC.4.
IC 21-13-6-5
Student loan forgiveness payments
Sec. 5. (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.
As added by P.L.170-2009, SEC.4.
IC 21-13-6-6
Requirements for student loan forgiveness program
Sec. 6. To qualify for a student loan forgiveness payment from the
fund, an individual must:
(1) be a resident of Indiana;
(2) be licensed as a physician under IC 25-22.5;
(3) practice as a primary care physician;
(4) conduct the majority of the individual's medical practice in
Indiana;
(5) have an outstanding student loan balance at the beginning of
the calendar year; and
(6) be approved by the commission.
As added by P.L.170-2009, SEC.4.
IC 21-13-6-7
Medical education board reports
Sec. 7. The medical education board shall annually make
available to the commission the most recent information concerning
the number of primary care physicians who are serving as medical
residents in Indiana.
As added by P.L.170-2009, SEC.4.
IC 21-13-6-8
Allocation of funds
Sec. 8. The commission shall annually allocate the available
money in the fund to each primary care physician approved under
this chapter in proportion to the total number of primary care
physicians approved under this chapter.
As added by P.L.170-2009, SEC.4.
IC 21-13-6-9
Applicant information requirements
Sec. 9. Each:
(1) primary care physician who applies under this chapter; and
(2) primary care physician approved under this chapter;
shall provide to the commission any information that the commission
determines is necessary to administer this chapter.
As added by P.L.170-2009, SEC.4.