12 Va. Admin. Code § 5-530-100

Current through Register Vol. 41, No. 6, November 4, 2024

Section 12VAC5-530-100 - Repayment

Repayment requirements for scholarship recipients are as follows:

1. Payment of restitution plus interest shall be due on the date that the recipient is deemed by the commissioner to be in default.

2. The commissioner in his discretion may permit extension of the period of payment of restitution plus interest for up to 24 months from the date that the recipient is deemed to be in default.

3. Partial fulfillment of the recipient's contractual obligation by the practice of medicine as provided for in this contract, shall reduce the amount of restitution plus interest due by an amount of money equal to the same percentage of all monetary awards as the number of whole months that the recipient has practiced primary care medicine in an approved location is as a percentage of the total number of months of the contractual obligation the recipient has incurred.

4. Failure of a recipient to make any payment on his debt of restitution plus interest when it is due shall be cause for the commissioner to refer the debt to the Attorney General of the Commonwealth of Virginia for collection. The recipient shall be responsible for any costs of collection as may be provided in Virginia law.

12 Va. Admin. Code § 5-530-100

Derived from VR355-40-400 § 5.1, eff. August 10, 1994; amended, Virginia Register Volume 10, Issue 21, eff. August 10, 1994.

Statutory Authority

§§ 32.1-12, 32.1-122.5, 32.1-122.5:1, 32.1-122.6, and 32.1-122.6:01 of the Code of Virginia.