Sec. 1. The William A. Crawford minority teacher scholarship fund is established:
(1) to encourage and promote qualified individuals to pursue a career in teaching in state accredited schools accredited under IC 20-31-4.1 in underserved counties in Indiana;
(2) to enhance the number of individuals who may serve as role models for the students in underserved counties in Indiana; and
(3) to rectify the shortage of teachers teaching in state accredited schools accredited under IC 20-31-4.1 in underserved counties in Indiana.