Maine Revised Statutes Title 20-A Sec. 12954 – Program eligibility
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1. Application. To be considered for an award under this chapter, as part of the application, the applicant must:
A. Submit documentation, in a manner identified by the authority, validating:
(1) The applicant’s original eligible student loan balance upon graduation;
(2) The current balance owed on the eligible student loan, including principal and interest;
(3) Current payment amounts on the eligible student loan, including information on any federal student loan repayment plan described in 20 United States Code § 1098e;
(4) For federal loans, information regarding the applicant’s expected eligibility for the federal loan forgiveness program described in 34 C.F.R. § 685.219; and
(5) Loans related to expenses for a health care professional who was trained or has credentials in a country other than the United States and its territories and who is working towards a professional license in this State, as determined by the advisory committee; [PL 2021, c. 346, §2 (NEW).]
B. Submit an employer certification form certifying the applicant’s employment status and salary or hourly wage; and [PL 2021, c. 346, §2 (NEW).]
C. Submit a signed statement of intent in a form acceptable to the authority to work in the applicant’s identified health care profession in the State for a minimum of 3 years after acceptance into the program. [PL 2021, c. 346, §2 (NEW).]
[PL 2021, c. 346, §2 (NEW).]
Terms Used In Maine Revised Statutes Title 20-A Sec. 12954
- Advisory committee: means the Maine Health Care Provider Loan Repayment Program Advisory Committee established in Title 5, section 12004?I, subsection 18?G. See Maine Revised Statutes Title 20-A Sec. 12951
- Authority: means the Finance Authority of Maine. See Maine Revised Statutes Title 20-A Sec. 12951
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Eligible student loan: means a student loan obtained as a result of preparation for a health care profession as determined by the authority by rule. See Maine Revised Statutes Title 20-A Sec. 12951
- Health care provider: means a person licensed or certified by this State as a medical, dental or behavioral health practitioner and performing within the scope of the person's practice as defined by state law or a person with a professionally recognized medical, dental or behavioral health credential. See Maine Revised Statutes Title 20-A Sec. 12951
- Principal: means the person who supervises the operation and management of a school and school property as determined necessary by the superintendent under policies established by the school board. See Maine Revised Statutes Title 20-A Sec. 1
- Program: means the Maine Health Care Provider Loan Repayment Program established in section 12952. See Maine Revised Statutes Title 20-A Sec. 12951
- United States: includes territories and the District of Columbia. See Maine Revised Statutes Title 1 Sec. 72
2. Eligibility. To be considered for an award under this chapter, the applicant:
A. Must be a current resident of the State or become a resident of the State within 6 months of being selected as a recipient under the program; [PL 2021, c. 346, §2 (NEW).]
B. Must, as determined by the authority:
(1) Be currently practicing as an eligible health care provider in the State; or
(2) Within 6 months of being selected as a recipient under the program, begin practicing as an eligible health care provider in the State; [PL 2021, c. 346, §2 (NEW).]
C. Must possess an outstanding eligible student loan; and [PL 2021, c. 346, §2 (NEW).]
D. May not be a current beneficiary of a state or federal loan repayment program. Applicants who were formerly beneficiaries of a state or federal loan repayment program or who intend to participate in such programs following completion of their 3-year commitment under this chapter are eligible to apply for an award. [PL 2021, c. 346, §2 (NEW).]
[PL 2021, c. 346, §2 (NEW).]
SECTION HISTORY
PL 2021, c. 346, §2 (NEW).