Section 23.70 - [Effective until 11/14/2024] Amount of Repayment Assistance(a) A physician who first established eligibility for the program based on an application submitted before September 1, 2019, and whose total student loan indebtedness is at least $160,000 may receive repayment assistance based on full-time service for the following amounts: (1) for the first service period, $25,000;(2) for the second service period, $35,000;(3) for the third service period, $45,000;(4) for the fourth service period, $55,000.(b) If a physician first established eligibility for the program based on an application submitted before September 1, 2019, with total student loan indebtedness less than $160,000, the annual loan repayment amounts based on full-time service will be the amounts required to repay the indebtedness over a period of four years, with annual increases that are proportional to the annual increases for physicians whose student loan indebtedness is at least $160,000.(c) A physician who first established eligibility for the program based on an application submitted on or after September 1, 2019, and whose total student-loan indebtedness is at least $180,000, may receive repayment assistance based on full-time service for the following amounts: (1) for the first service period, $30,000;(2) for the second service period, $40,000;(3) for the third service period, $50,000;(4) for the fourth service period, $60,000.(d) If a physician first established eligibility for the program based on an application submitted on or after September 1, 2019, with total student-loan indebtedness less than $180,000, the annual loan repayment amounts based on full-time service will be the amounts required to repay the indebtedness over a period of four years, with annual increases that are proportional to the annual increases for physicians whose student loan indebtedness is at least $180,000.(e) A physician may receive prorated loan repayment assistance based on the percentage of full-time service provided for each service period, if providing direct patient care for a minimum of 20 hours per week for each service period.19 Tex. Admin. Code § 23.70
The provisions of this § 23.70 adopted to be effective November 30, 2009, 34 TexReg 8524; transferred from 21.259 Texas Register, Volume 41, Number 48, November 25, 2016, TexReg 9341, eff. 12/15/2016; Amended by Texas Register, Volume 44, Number 48, November 29, 2019, TexReg 7383, eff. 12/5/2019