Nev. Admin. Code § 226.Sec. 8

Current through October 11, 2024

Section 226.Sec. 8 - NEW

1. To determine the amount of repayment of student education loans that a provider of health care is eligible to receive under the Program, the State Treasurer will establish and use a sliding scale that provides a greater amount of repayment of student education loans to providers of health care who practice a profession:

(a) Whose practitioners, on average, complete postsecondary education with a greater amount of student education loans than other providers of health care;

(b) Whose practitioners, on average, earn a lower income than other providers of health care; and

(c) For which the Health Resources and Services Administration of the United States Department of Health and Human Services or the Nevada Department of Health and Human Services has designated a shortage in the area of this State in which the provider of health care is providing or will provide health care services.

2. To establish the sliding scale of the amount of repayment of student education loans that providers of health care are eligible to receive under the Program, the State Treasurer may rely on relevant data from:

(a) The United States Department of Health and Human Services;

(b) The United States Department of Labor;

(c) The Nevada Department of Health and Human Services;

(d) The Office of Minority Health and Equity of the Department of Health and Human Services;

(e) The Nevada System of Higher Education;

(f) The Office of Economic Development within the Office of the Governor;

(g) Public and private institutions providing graduate medical education in this State; and

(h) Any other source the State Treasurer believes is necessary to create the sliding scale.

3. At least 30 days before the beginning of a designated period during which the State Treasurer will accept applications to receive repayment of student education loans under the Program, the State Treasurer will publish on the Internet website maintained by the State Treasurer the amount of repayment of student education loans available for that application period for each type of provider of health care who is determined to be eligible to receive repayment of student education loans under the Program.

Nev. Admin. Code § 226.Sec. 8

Added by R081-23A, eff. 6/7/2024

section 8 of Assembly Bill No. 45, chapter 265, Statutes of Nevada 2023, at page 1769 (NRS 226.462)