Texas Administrative Code
Title 4 - AGRICULTURE
Part 2 - TEXAS ANIMAL HEALTH COMMISSION
Chapter 42 - RURAL VETERINARIAN INCENTIVE PROGRAM
Section 42.23 - Conditions of Loan Repayment Assistance or Payment of Tuition and Fees
Universal Citation: 4 TX Admin Code ยง 42.23
Current through Reg. 49, No. 38; September 20, 2024
(a) To receive loan repayment assistance or payment of tuition and fees, a participant must execute an agreement in accordance with Texas Education Code, Subchapter G, §56.106 that includes the following terms:
(1) the participant agrees to provide
veterinary medical services in a rural county for one calendar year for each
academic year for which the recipient receives financial support under the
program; and
(2) the participant
signs a promissory note acknowledging the conditional nature of the financial
support received under the program and promises to repay the amount of the
financial support, any applicable interest, and reasonable collection costs if
the recipient does not satisfy the conditions of the
agreement.
(b) The participant must comply with applicable federal law, state law, program requirements, and agreement requirements, including but not limited to the following:
(1) provide full-time veterinary
medical service in the qualifying county or counties for the duration of the
obligated service period;
(2)
cooperate with the commission and the committee if information relevant to the
program is requested;
(3) provide a
30-day written notice to the commission, committee, board, and promissory note
holder of any change in address, lender, or other relevant contact information
during the agreement term;
(4)
submit periodic statements to the commission certifying compliance with program
and contractual requirements, in accordance with reporting timelines provided
in the agreement; and
(5) the
committee retains discretion to grant forbearance for good cause.
(c) All obligations under the program are satisfied when any of the following conditions are met:
(1) All terms of the agreement are
met;
(2) the participant who
entered into the agreement, due to death or qualifying disability, is unable to
meet the requirements of the program; or
(3) the participant who entered into the
agreement has no remaining eligible education loan balance to repay.
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