19 Tex. Admin. Code § 23.70

Current through Reg. 49, No. 45; November 8, 2024
Section 23.70 - [Effective 11/14/2024] Amount of Repayment Assistance
(a) A physician whose total student-loan indebtedness is at least $180,000 when the physician first establishes eligibility for the program may receive loan repayment assistance based on full-time service for the following amounts:
(1) for the first service period, $30,000;
(2) for the second service period, $40,000;
(3) for the third service period, $50,000;
(4) for the fourth service period, $60,000.
(b) A physician whose total student-loan indebtedness is less than $180,000 when the physician first establishes eligibility for the program may receive loan repayment assistance based on full-time service for the amounts required to repay the indebtedness over a period of four years, with annual increases that are proportional to the annual increases for physicians whose student loan indebtedness is at least $180,000.
(c) A physician may receive prorated loan repayment assistance based on the percentage of full-time service provided for each service period, if providing direct patient care for a minimum of 20 hours per week for each service period.

19 Tex. Admin. Code § 23.70

The provisions of this § 23.70 adopted to be effective November 30, 2009, 34 TexReg 8524; transferred from 21.259 Texas Register, Volume 41, Number 48, November 25, 2016, TexReg 9341, eff. 12/15/2016; Amended by Texas Register, Volume 44, Number 48, November 29, 2019, TexReg 7383, eff. 12/5/2019; Amended by Texas Register, Volume 49, Number 45, November 8, 2024, TexReg 8904, eff. 11/14/2024