Nevada Administrative Code
Chapter 226 - NEW
Section 226.Sec. 11 - NEW
Current through September 16, 2024
1. For each fiscal year, the State Treasurer will calculate the total amount of money available to be approved for providers of health care who submit an application to receive repayment of student education loans under the Program during that fiscal year.
2. To the extent that a sufficient number of applications are received from providers of health care who are eligible to receive repayment of student education loans under the Program, the State Treasurer will award the first 15 percent of the money available in the Program in a fiscal year to providers of health care who:
3. After money has been awarded pursuant to subsection 2, to the extent that a sufficient number of applications are received from providers of health care who are eligible to receive repayment of student education loans under the Program, the State Treasurer will award the remaining money available under the Program to providers of health care who receive the highest score on their application according to the rubric developed pursuant to section 10.
Added by R081-23A, eff. 6/7/2024
section 8 of Assembly Bill No. 45, chapter 265, Statutes of Nevada 2023, at page 1769 (NRS 226.462)