Section 23.193 - LimitationsThe following limitations apply to the Nursing Faculty Loan Repayment Assistance Program.
(1) A nursing faculty member may receive loan repayment assistance under this subchapter for a maximum of five service periods.(2) Funds will be available for loan repayment assistance under this subchapter only if there are legislative appropriations, gifts, grants, and donations made for this purpose, and/or funds have been reallocated for this purpose from the Physician Education Loan Repayment Program Account at the end of a fiscal year.(3) Applications from nursing faculty will be considered by the Coordinating Board only if funds are available for this purpose at the end of the state fiscal year.(4) An individual's loan repayment assistance amount may not exceed the unpaid principal and interest owed on one or more eligible education loans, as described in §23.2(c) of this chapter (relating to Eligible Lender and Eligible Education Loan).19 Tex. Admin. Code § 23.193
The provisions of this §23.193 adopted to be effective November 20, 2013, 38 TexReg 8199; transferred from 21.637 Texas Register, Volume 41, Number 48, November 25, 2016, TexReg 9341, eff. 12/15/2016; Amended by Texas Register, Volume 42, Number 47, November 24, 2017, TexReg 6626, eff. 11/29/2017; Amended by Texas Register, Volume 49, Number 32, August 9, 2024, TexReg 5989, eff. 8/15/2024