The department shall apply funds appropriated to the department from the osteopathic physician excellence fund established pursuant to Section 21-22D-13 N.M. Stat. Ann. exclusively for health professional loan repayment assistance for osteopathic primary care physicians who are licensed pursuant to the Medical Practice Act [N.M. Stat. Ann. Chapter 61, Article 6] and who practice in areas of New Mexico that the department has designated as underserved.