Chapter 21, Article 22D NMSA 1978 may be cited as the “Health Professional Loan Repayment Act”. History: Laws 1995, ch. 144, § 16; 2005, ch. 321, § 10. ANNOTATIONS Cross references. — For the Medical Student Loan for Service Act, see Chapter 21, Article 22 NMSA 1978. For the Osteopathic Medical Student Loan for Service […]
The commission [department] shall make annual reports to the governor and to the legislature, prior to each regular session, of its activities, the loan repayment awards granted, the names and addresses of loan repayment award recipients, the names and locations of the practices of those health professionals who are serving in a designated health professional […]
A. The department shall apply funds appropriated to the department from the nursing excellence program license renewal surcharge established pursuant to Subsection B of Section 61-3-10.5 NMSA 1978 exclusively for health professional loan repayment assistance for nurses in advanced practice who practice in areas that the department has designated as underserved. B. Eligibility for loan […]
The department shall apply funds appropriated to the department from the osteopathic physician excellence fund established pursuant to Section 21-22D-13 NMSA 1978 exclusively for health professional loan repayment assistance for osteopathic primary care physicians who are licensed pursuant to the Medical Practice Act [Chapter 61, Article 6 NMSA 1978] and who practice in areas of […]
The “osteopathic physician excellence fund” is created in the state treasury to support awards established through the Health Professional Loan Repayment Act to osteopathic primary care physicians who practice in areas of New Mexico that the department has designated as underserved. The fund consists of license application and renewal surcharges pursuant to Section 61-10-6.1 NMSA […]
The purpose of the Health Professional Loan Repayment Act is to increase the number of health professionals in underserved areas of the state through an educational loan repayment program. The act provides for repayment of the principal and reasonable interest accrued on loans obtained from the federal government or a commercial lender for health education […]
As used in the Health Professional Loan Repayment Act: A. “department” means the higher education department; B. “health professional” means a primary care physician, optometrist, podiatrist, physician’s assistant, dentist, nurse, member of an allied health profession as defined in the Allied Health Student Loan for Service Act [Chapter 21, Article 22C NMSA 1978] or a […]
A. The commission [department] may grant an award to repay loans obtained for health educational expenses of a health professional upon such terms and conditions as may be imposed by regulations of the commission [department]. B. Applicants shall be licensed or certified to practice in New Mexico as health professionals and shall be bona fide […]
The commission [department] may delegate to other agencies or contract for the performance of services required by the provisions of the Health Professional Loan Repayment Act. History: Laws 1995, ch. 144, § 20. ANNOTATIONS Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law. For designation of […]
A. Prior to receiving an award, the health professional shall file with the higher education department a declaration of intent to practice as a health professional in areas of New Mexico designated as underserved by the department. B. Award criteria shall provide that: (1) amounts shall be dependent upon the location of the practice, the […]
The general form of the contract required shall be prepared and approved by the attorney general and signed by the health professional and the designated representative of the commission [department] on behalf of the state. The commission [department] is vested with full and complete authority and power to sue in its own name for any […]
The “health professional loan repayment fund” is created in the state treasury. All money appropriated for the health professional loan repayment program shall be credited to the fund, and all payments for penalties or repayment of awards received by the commission [department] shall be credited to the fund or shall be deposited with the commission’s […]
The commission [department] may cancel any contract made between it and any health professional for any reasonable cause deemed sufficient by the commission [department]. History: Laws 1995, ch. 144, § 24. ANNOTATIONS Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law. For designation of the commission […]
