Nebraska Administrative Code
Topic - HEALTH AND HUMAN SERVICES SYSTEM
Title 183 - FINANCIAL ASSISTANCE
Chapter 5 - NURSING STUDENT LOAN PROGRAM
Section 183-5-005 - ISSUANCE OF LOANS

Current through September 17, 2024

Each approved nursing program must submit to the Department within 30 days of the date of notification of loan monies:

(A) A list of students recommended to receive a $1,000 loan from the Department for the current academic year; and

(B) Loan agreements, as provided by the Department, signed by each student on the list. Terms of the agreement must include:

(i) Agreement to engage in the practice of nursing in the State of Nebraska for the equivalent of 1 year of full-time practice for each year a loan is received:

(ii) Provisions specifying the conditions under which the loan must be repaid and the timeframe for repayment;

(iii) Provisions for reporting practice status to the Department: and

(iv) Attestation that the student has not previously received a loan under the Act or if a loan was received, the total amount previously received.

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