§ 15-1721 – Definitions
15-1721. Definitions In this article, unless the context otherwise requires: 1. " Board" means the board of medical student loans. 2. " GDP price deflator" means the average of the four implicit price deflators for the gross domestic product reported by the United States department of commerce for the four quarters of the calendar year. […]
§ 15-1722 – Board of medical student loans; members; terms; officers; compensation
15-1722. Board of medical student loans; members; terms; officers; compensation A. The board of medical student loans is established and consists of the following members: 1. Two members who are appointed by the governor and who are knowledgeable in the problems of health care in Arizona. 2. The director of the department of health services […]
§ 15-1723 – Medical student loans; amount; qualifications; requirements
15-1723. Medical student loans; amount; qualifications; requirements A. The board may grant loans from the medical student loan fund established by section 15-1725 to defray the expenses of the medical education of those students at a public or private school of medicine in this state who intend to enter and complete a residency program approved […]
§ 15-1724 – Medical student loans; interest; obligations; penalties; authority of attorney general
15-1724. Medical student loans; interest; obligations; penalties; authority of attorney general A. Each applicant who is approved for a loan by the board may be granted a loan for a period of up to five years. B. The loans shall bear interest at the rate of seven percent per year. C. Each loan shall be […]
§ 15-1725 – Medical student loan fund; exemption
15-1725. Medical student loan fund; exemption A. The medical student loan fund is established. All monies appropriated to carry out sections 15-1723 and 15-1724 shall be deposited in the fund and all payments of principal, interest and penalties received by the board shall be deposited, pursuant to sections 35-146 and 35-147, in the fund. Monies […]