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.