Nevada Administrative Code
Chapter 226 - NEW
Section 226.Sec. 12 - NEW
Universal Citation: NV Admin Code 226.Sec. 12
Current through September 16, 2024
1. In consultation with the Office of the Attorney General, the State Treasurer will develop an agreement for repayment of student education loans, which must be executed before a provider of health care may receive repayment of student education loans under the Program.
2. The State Treasurer will include in the agreement developed pursuant to subsection 1 provisions:
(a) Requiring that, as a condition of
receiving repayment of student education loans under the Program, the provider
of health care engage in clinical practice in an underserved community for not
less than 5 years;
(b) Requiring
each repayment of student education loans under the Program to be disbursed, on
behalf of the provider of health care, directly to the servicer or lender of
the student education loans of the provider of health care;
(c) Requiring repayments of student education
loans to be disbursed in equal annual payments over a period of 5
years;
(d) Requiring the provider
of health care to notify the State Treasurer if:
(1) The provider of health care changes his
or her residence or location at which he or she practices as a provider of
health care;
(2) The provider of
health care ceases to practice as a provider of health care in this
State;
(3) A regulatory body of
this State or any other jurisdiction imposes a disciplinary action against the
provider of health care; or
(4) The
provider of health care is no longer actively licensed, certified or registered
in good standing to practice as a provider of health care in this
State;
(e) Requiring the
provider of health care to repay any money disbursed under the Program for the
repayment of his or her student education loans if the State Treasurer
determines that the provider of health care:
(1) Submitted untrue, fraudulent or
misleading information to the State Treasurer in connection with the Program;
or
(2) Received a repayment of
student education loans under the Program for which the provider of health care
was not eligible; and
(f) Establishing the circumstances under
which the State Treasurer will terminate the agreement and the eligibility of
the provider of health care to receive repayment of student education loans
under the Program.
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)
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