Section 54-04.1-03-01 - Amount of loansTo the extent funds are available, educational loans will be made in the following amounts:
1. Students accepted into a nondegree licensed practical nurse program may receive a loan of no more than one thousand dollars. 2. Students in an associate degree licensed practical or registered nurse program may receive a loan of no more than two thousand dollars for the entire program, including a one plus one program. 3. Students in a baccalaureate registered nurse program may receive a loan of no more than three thousand dollars. 4. Graduate nurse students including students in a post-master's certificate program may receive a loan of no more than four thousand dollars to complete studies for a master's degree in nursing. 5. Graduate nurse students pursuing a doctorate may receive a loan of up to five thousand five hundred dollars. 6. Licensed practical nurses or registered nurses may receive a loan of no more than the cost of the course for a board-approved nurse refresher course. N.D. Admin Code 54-04.1-03-01
Effective October 1, 1987; amended effective October 1, 1989; March 1, 1992; February 1, 1998; May 1, 2003; April 1, 2004; April 1, 2011.General Authority: NDCC 43-12.1-08
Law Implemented: NDCC 43-12.1-08(2)(h)