Okla. Stat. tit. 70, § 70-695.12: Repayments to Student Loan Sinking Fund

All money received by the Oklahoma Student Loan Authority as

repayment of student loans granted under the Oklahoma Student Loan

Act and interest on the loans shall be credited to the "Student Loan

Sinking Fund" of the Authority. The resolution authorizing the

issuance of the bonds may provide for deposit from bond proceeds of

not to exceed twenty-four (24) months' interest, and may provide for

use of bond proceeds as a reserve for the payment of principal and

interest on the bonds. The Authority shall pay or cause to be paid

from the "Student Loan Sinking Fund" the principal and interest on

the bonds as they mature and come due.