New Mexico Administrative Code
Title 5 - POST-SECONDARY EDUCATION
Chapter 7 - TUITION AND FINANCIAL AID
Part 3 - NEW MEXICO HEALTH PROFESSIONAL LOAN REPAYMENT PROGRAM (HPLRP)
Section 5.7.3.6 - OBJECTIVE
Universal Citation: 5 NM Admin Code 5.7.3.6
Current through Register Vol. 35, No. 18, September 24, 2024
The objective and purpose of 5.7.3 NMAC is to increase the number of health professionals in underserved areas of the state through a program of loan repayment of eligible educational loans. The program will pay its participants for the principal and reasonable interest accrued on loans obtained for educational purposes. The program requires, as a condition of each eligible participant, that they practice their profession within one of the areas of the state designated by the health profession advisory committee as a health professional shortage area for a minimum period of three years.
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