W. Va. Code R. § 133-41-7

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

Section 133-41-7 - Notification of Recipients and Fund Disbursement

7.1. The Vice Chancellor for Health Sciences or his or her designee shall notify students of their selection to receive an award.

7.2. The Vice Chancellor for Health Sciences shall disburse funds as follows upon the participant's completion of training:

7.2.a. One-half of the award amount will be disbursed to the participant upon beginning practice or teaching at an approved practice site.

7.2.b. The remaining half of the award will be disbursed as follows:

7.2.b.1. For participants completing the service obligation through full-time practice or teaching, the remaining half of the award will be disbursed to the participant after one year of practice or teaching at an approved site. In order to receive the second disbursement, the participant must provide documentation to the Vice Chancellor for Health Sciences that the participant allocated the entire initial award disbursement toward the participant's educational debt balance.

7.2.b.2. For participants completing the service obligation through half-time practice or teaching, the remaining half of the award will be disbursed to the participant after two years of practice or teaching at an approved site. In order to receive the second disbursement, the participant must provide documentation to the Vice Chancellor for Health Sciences that the participant allocated the entire initial award disbursement toward the participant's educational debt balance.

7.3. For medical student participants, the participant may elect to receive funds as described in Section 7.2 or may elect to receive funds as follows:

7.3.a. While completing residency training in an approved primary care or emergency medicine residency program in West Virginia, the participant may at any time elect to draw down one-half of the award amount.

7.3.b. The remaining half of the award will be disbursed as follows:

7.3.b.1. For participants intending to complete full-time practice, the remaining half of the award will be disbursed one year after the initial award disbursement as long as the participant continues to fulfill the terms of the service agreement. In order to receive the second disbursement, the participant must provide documentation to the Vice Chancellor for Health Sciences that the participant allocated the entire initial award disbursement toward the participant's educational debt balance.

7.3.b.2. For participants intending to complete half-time practice, the remaining half of the award will be disbursed two years after the initial award disbursement as long as the participant continues to fulfill the terms of the service agreement. In order to receive the second disbursement, the participant must provide documentation to the Vice Chancellor for Health Sciences that the participant allocated the entire initial award disbursement toward the participant's educational debt balance.

W. Va. Code R. § 133-41-7