Louisiana Revised Statutes 37:1017 – A. The committee may administer a program by which it loans each year to an applicant eligible pursuant to R.S. 37:1013(B) not more than seventy-five percent of the lowest faculty sa
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Terms Used In Louisiana Revised Statutes 37:1017
- Board: means the Board of Regents. See Louisiana Revised Statutes 37:1012
- Committee: means the committee of deans, directors, and department heads of the approved schools and programs of nursing which prepare registered nurse applicants and a nonvoting representative of the board. See Louisiana Revised Statutes 37:1012
A. The committee may administer a program by which it loans each year to an applicant eligible pursuant to La. Rev. Stat. 37:1013(B) not more than seventy-five percent of the lowest faculty salary being paid at the time of the application to be forgiven in exchange for completing the degree and for serving on the faculty for not less than three years more than the length of time taken to acquire the degree.
B. A stipend paid pursuant to this Section shall be contracted for pursuant to rules and regulations adopted by the board.
Acts 1991, No. 818, §4; Acts 2022, No. 271, §2.