W. Va. Code R. § 133-34-4

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 133-34-4 - Education and General Fees Dedicated to Program

4.1. The Higher Education Policy Commission (Commission) annually, or at such other times as it may desire, shall set minimum amounts of medical students' education and general fees that the state's three (3) medical schools must reserve for providing medical student loans at their respective institutions and shall assess each medical school a fee to offset the Commission's costs for administration and oversight of the program.

4.2. Effective July 1, 2004, the maximum annual amount for an individual loan shall be $10,000.

4.3. Any unused funds, including education and general fees reserved for the benefit of the Medical Student Loan Program remaining at the end of the fiscal year shall not expire or revert but instead shall carry forward for use by the institution to provide medical student loans during the subsequent fiscal year.

W. Va. Code R. § 133-34-4