§ 6-81-1401. Nursing Student Loan Program funding
(a) Cash funds for the Nursing Student Loan Program shall consist of: (1) Funds appropriated for the Nursing Student Loan Program; (2) Federal funds; (3) Gifts; (4) Grants; (5) Bequests; (6) Devises; (7) Donations; (8) Moneys received to repay a loan under this subchapter; (9) Interest and other income accruing to or earned by the […]
§ 6-81-1402. Program established — Administration
There is established a Nursing Student Loan Program, to be administered by the Arkansas State Board of Nursing in accordance with the provisions of this subchapter.
§ 6-81-1403. Arkansas State Board of Nursing — Powers and duties
(a) The Arkansas State Board of Nursing shall: (1) Prescribe forms to be used in the Nursing Student Loan Program; (2) Regulate the submission of applications for loans; (3) Determine eligibility of applicants; (4) Allow or disallow applications for financial assistance; (5) Contract for, increase, decrease, terminate, and otherwise regulate all loans made under this […]
§ 6-81-1404. Eligibility and requirements for loans
(a) Any person who is enrolled in or has been accepted for admission to an approved school of nursing in this state or a nationally accredited school outside the state in a course of study leading to qualification as a registered nurse, licensed practical nurse, or nursing educator shall be eligible to make application to […]
§ 6-81-1405. Amount of loans — Maximum
(a) The Arkansas State Board of Nursing may make a loan to any applicant in an amount calculated to pay the applicant’s tuition, maintenance, and other education expenses while he or she is enrolled in a program of nursing education as described in this subchapter. (b) The total of the loans made to any one […]
§ 6-81-1406. Term of loans
Each loan made to an applicant under this subchapter shall be for one (1) academic year.
§ 6-81-1407. Renewal
(a) Subject to the availability of funds, each loan made to an applicant under this subchapter shall be renewable annually for the number of years required to complete studies leading to qualification as a registered nurse, licensed practical nurse, or nursing educator. (b) Any loan made to an applicant subsequent to an initial loan shall […]
§ 6-81-1104. Applicability
The provisions of § 6-81-1103 shall not apply to Board of Control for Southern Regional Education grant funds.
§ 6-81-1408. Written contract required
Each recipient of a loan under the provisions of this subchapter shall execute a written loan contract with the Arkansas State Board of Nursing for the repayment of the loan under such terms as are provided in this subchapter and as the board shall prescribe.
§ 6-81-1105. Veterinary medicine loans — Definitions
(a) As used in this section: (1) “Food animal” means bovine, porcine, ovine, camelid, cervid, poultry, and any other species determined by the State Veterinarian; (2) “Food supply veterinary medicine” means all aspects of veterinary medicine’s involvement in food supply systems, from traditional agricultural production to consumption; (3) “Loan repayment” means a payment made to […]