Oregon Administrative Rules
Chapter 575 - HIGHER EDUCATION COORDINATING COMMISSION, OFFICE OF STUDENT ACCESS AND COMPLETION
Division 73 - NURSING SERVICES PROGRAM
Section 575-073-0050 - Penalties
Universal Citation: OR Admin Rules 575-073-0050
Current through Register Vol. 63, No. 9, September 1, 2024
If the participant does not complete the full service obligation set forth in OAR 575-073-0040(2) of this rule, the Commission shall collect 100 percent of any payments made by the Commission to the participant under this program. In addition, a penalty equal to 50 percent of the qualifying loans and interest paid by the Commission shall be assessed by the Commission, to be credited to and deposited in the Nursing Services Account.
Stat. Auth.: ORS 348
Stats. Implemented: SB 331, 2001 OLA
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