Okla. Admin. Code § 540:45-1-6

Current through Vol. 42, No. 6, December 2, 2024

Section 540:45-1-6 - Repayment of scholarship loan

(a) Each recipient shall repay the scholarship loan to the state by practicing full time in an approved community in Oklahoma, one month for each month the scholarship loan was received. The period shall begin on the date the recipient begins to practice in the approved community.

(b) Repayment of the total amount of the loan, plus principal, interest, litigation costs, and liquidated damages in an amount up to 100% of principal as assessed by the Health Care Workforce Training Commission, upon failure of the recipient to fulfill the contractual obligations, shall be made payable to the Commission.

(c)There is hereby created in the State Treasury a revolving fund for the Health Care Workforce Training Commission to be designated the "Physician Assistant Scholarship Fund". The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all monies received by the Health Care Workforce Training Commission for implementation of the Physician Assistant Scholarship Program. All monies accruing to the credit of the fund are hereby appropriated and may be budgeted and expended by the Health Care Workforce Training Commission for such scholarships as may be provided for pursuant to the Physician Assistant Scholarship Program. Expenditures from the fund shall be made upon warrants issued by the State Treasurer against claims filed as prescribed by law with the Director of Office of Management and Enterprise Services for approval and payment. [70:697.21(d)]

Okla. Admin. Code § 540:45-1-6

Added at 22 Ok Reg 2780, eff 8-4-05 (emergency) (preemptive); Added at 23 Ok Reg 1107, eff 5-11-06

Amended by Oklahoma Register, Volume 40, Issue 24, September 1, 2023, eff. 9/11/2023