(a) There is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a miscellaneous fund to be known as the “Nursing Student Scholarship Fund”.
(b) The fund shall consist of:(1) Funds appropriated for nursing student scholarships; and(2) Grants, contributions, or gratuities derived from federal means or private persons or corporations.
(1) Funds appropriated for nursing student scholarships; and
(2) Grants, contributions, or gratuities derived from federal means or private persons or corporations.
(c) The fund shall be used for providing scholarships or financial assistance to nursing students, as administered by the Graduate Nurse Educator Loan and Scholarship Board as provided in § 6-81-1201 et seq.