Iowa Code r. 283-25.4 - Awarding of funds
(1) Prior to
accepting an offer of employment, the advanced registered nurse practitioner or
physician assistant must notify the commission of the service commitment area
in which the advanced registered nurse practitioner or physician assistant will
be employed, and the commission will verify the eligibility of the service
commitment area.
(2) The maximum
award will be paid to the advanced registered nurse practitioner's or physician
assistant's eligible loan lender in five equal installments, upon successful
completion of each of the five 12-month employment obligations. Failure to
complete all, or any portion, of the five-consecutive-year employment
obligation will result in the forfeiture of all remaining unpaid payments. An
advanced registered nurse practitioner or physician assistant who fails to meet
the requirements of these rules may also be subject to repayment of moneys
advanced by the service commitment area as provided in any contract between the
advanced registered nurse practitioner or physician assistant and the service
commitment area.
(3) No loan
repayment amounts will be paid until the service commitment area provides the
nonrefundable $2,000 contribution for deposit into the rural Iowa advanced
registered nurse practitioner and physician assistant trust fund.
(4) If surplus funds are available, the
commission will accept applications from physician assistants and advanced
registered nurse practitioners practicing full-time in service commitment
areas. Recipient selections shall be evenly divided between physician
assistants and advanced registered nurse practitioners, to the extent possible.
If surplus funds are not sufficient to fund all applicants, physician assistant
and advanced registered nurse practitioner applicants will be prioritized by
Iowa residency status, full-time employment status, individuals working in a
federally designated Health Professional Shortage Area (HPSA) or a Governor's
Designated Rural Health Clinic county, total eligible student loan debt
(highest receiving priority), and application date (earliest submitted
receiving priority). Recipients will enter into agreements with the commission,
and payments will be made in accordance with subrules 25.4(2) and
25.4(3).
Notes
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