N.M. Admin. Code § 5.7.2.11

Current through Register Vol. 35, No. 17, September 10, 2024

Section 5.7.2.11 - RESPONSIBILITIES OF THE DEPARTMENT

A. develop program guidelines;

B. advertise the program;

C. process applications,

D. presenting a list of eligible candidates to the committee;

E. and administer the loans, including:

(1) disbursing funds;

(2) keeping records on borrowers and processing of contracts;

(3) administration of and record keeping on loan repayments;

(4) record keeping on location and time of service of those student loan recipients who have completed their education and are providing health service in designated shortage area in New Mexico;

(5) verification of qualification for forgiveness for service as defined in Section 5.7.2.13 NMAC;

(6) preparing the following information for each of the loan-for-service acts:

(a) number of loans granted;

(b) names and addresses of borrowers;

(c) names of accredited programs attended; and,

(d) names and locations of practice of those who have completed their education and have become licensed/certified health practitioners in New Mexico.

N.M. Admin. Code § 5.7.2.11

7/15/98, 5.7.2.11 NMAC - Rn, 5 NMAC 7.2.11, 6/29/01; A, 5/30/08