Section R434-40-4 - Loan Repayment Grants - Terms and Service(1) The Department may provide loan repayment grants to geriatric, health care, and mental health professionals to repay loans taken for educational expenses in exchange for their agreement to serve for a specified period at an approved site in the state.(2) The Department may only give loan repayment grants to repay bona fide loans taken by eligible individuals for educational expenses incurred while pursuing an educational degree qualification to practice in the applicant's professional field.(3) Loan repayment grants under this section may not be:(a) used to satisfy other obligations owed by the recipient under any similar program;(b) used to repay a loan that is in default at the time of application; or(c) in an amount greater than the total outstanding balance on the loans taken for educational expenses, including accrued interest.(4) The Department may not disburse any grant moneys under Section 26B-4-702 until the recipient has performed at least 90 days of service at the approved site.Utah Admin. Code R434-40-4
Amended by Utah State Bulletin Number 2021-13, effective 6/24/2021Amended by Utah State Bulletin Number 2022-12, effective 6/7/2022Amended by Utah State Bulletin Number 2024-03, effective 1/11/2024