Okla. Admin. Code § 540:30-5-1

Current through Vol. 42, No. 1, September 16, 2024
Section 540:30-5-1 - Matching Nursing Student Assistance Program
(a) Scholarships granted under the Matching Nursing Student Assistance Program will stipulate that a sponsor and the Health Care Workforce Training Commission provide equal dollar amounts for funding the scholarships. The maximum amounts that can be matched are $750.00 per full-time semester for LPN program, $1,250 per full-time semester for an ADN program, $1,750.00 per full-time semester for the BSN program, and $2,500.00 per full-time semester (up to 4 years) for MSN/DNP/Ph.D. program.
(b) Sponsors of nurse students may be hospitals, nursing homes, home health and hospice agencies, other health care delivery facilities, public agencies, corporations, private organizations, communities, foundations, trusts, or other entities who wish to apply for and, if approved, match an amount equal to fifty percent of the loan authorized by the Commission.
(c) Under the provisions of the Matching Nursing Student Assistance Program, a student may receive an equal full scholarship amount from both the sponsor and the Health Care Workforce Training Commission. The monies are to be used for payment of tuition, required fees, equipment, uniforms, training materials, books, certification exams, and other educationally related expenses necessary for attendance at nursing school.
(d) An approximate guideline of seventy percent of all monies appropriated for the Health Care Workforce Training Commission Nursing Student Assistance Program may be used for funding scholarships approved under the Matching Nursing Student Assistance Program. Approximately seventy percent of all funds designated for the Matching Nursing Student Assistance Program may be expended for nursing scholarships in Oklahoma communities that meets the current definition of rural as determined by HWTC.
(e) Scholarship recipients may carry out their service obligation by practicing full time as a licensed practical or registered nurse (excluding physician's offices, private duty practice, research or non-patient based facilities, industrial and summer camp nursing) as agreed to by contract or with Commission approval.
(f) Scholarship recipients may carry out their service obligation by teaching in an accredited/approved Oklahoma nursing school (provided other Oklahoma Board of Nursing faculty qualifications are met).
(g) Scholarship receipts who become nurse practitioners may carry out their service obligation by practicing full time as a nurse practitioner at any Oklahoma hospital, nursing home, state health facility, qualified rural health clinic, or hospital, private owned, or leased rural physician clinic.
(h) Receipts received from sponsors shall be deposited into and disbursed from a Commission revolving fund created by State Law in the State Treasury.

Okla. Admin. Code § 540:30-5-1

Amended at 15 Ok Reg 1777, eff 5-11-98; Amended at 19 Ok Reg 1199, eff 5-13-02; Amended at 23 Ok Reg 1109, eff 5-11-06
Amended by Oklahoma Register, Volume 37, Issue 23, August 17, 2020, eff. 7/10/2020
Amended by Oklahoma Register, Volume 38, Issue 23, August 16, 2021, eff. 8/26/2021
Amended by Oklahoma Register, Volume 40, Issue 24, September 1, 2023, eff. 9/11/2023