Current as of: 2009 A. If the recipient fails to comply fully with any condition as provided for by or provided pursuant to this Chapter, the recipient shall remit to the board that amount which bears the same ratio to the aggregate of the amount of the scholarship awarded as the number of months that the recipient failed to comply with this condition bears to the number of months he was obligated to comply. The amount shall be computed together with interest at the legal rate, such interest to be computed from the date on which the recipient completed professional training, and active military service, if any. Such repayment shall be completed within six years from the date at which the scholarship began to draw interest. B. The permanent withdrawal or dismissal of a recipient from school, internship, or residency shall forfeit immediately the right of the recipient to retain the scholarship; the scholarship shall begin to bear interest at that time, and repayment shall be made to the board and completed within six years. C. Any recipient of a scholarship who fails to return to the area designated by the board upon completion of training shall begin repayment of the scholarship, with interest, within one year after completion of medical training. Repayments shall be made to the board and completed within six years. Acts 1991, No. 318, ยง1. Prev | Next________________________________________________________________________
Louisiana Laws: College Grants and Scholarships
 |
|
|
Email
Print