Section 226.462 - Application by provider for repayment of student education loan; regulations; maximum amount of assistance; confidentiality of information1. A provider of health care who meets the qualifications set forth in NRS 226.460 and wishes to receive repayment of student education loans from the Program must submit an application to the State Treasurer in the form prescribed by the State Treasurer and comply with any regulations adopted pursuant to subsection 2.2. The State Treasurer: (a) Shall adopt regulations prescribing the procedures and standards, in addition to those prescribed by NRS 226.460, for determining the eligibility of a provider of health care to receive repayment of a student education loan from the Program.(b) Shall adopt regulations establishing a methodology for determining the amount of repayment of a student education loan that a provider of health care is eligible to receive from the Program. That methodology must include, without limitation, a sliding scale that conditions the amount a provider of health care should receive from the Program on areas of specialization, type of degree and average loan burden for the particular field of health care in which the provider practices.(c) Shall adopt regulations establishing the: (1) Procedure that the State Treasurer will use to carry out the provisions of paragraph (b) of subsection 3 of NRS 226.458; and(2) Manner in which the Program must prioritize the repayment of student education loans for the providers of health care pursuant to paragraph (c) of subsection 3 of NRS 226.458.(d) Shall adopt regulations prescribing the manner in which the State Treasurer will determine whether a geographic area meets the requirements of paragraph (e) of subsection 3 of NRS 226.460.(e) Shall adopt regulations prescribing the procedures for the repayment of a student education loan of a provider of health care who has been found eligible to receive such repayment from the Program.(f) May adopt any other regulations necessary to carry out the Program.3. The Program may not provide to a provider of health care more than $120,000 for the repayment of student education loans.4. The application of a provider of health care for repayment of a student education loan and any related personally identifiable information of the applicant is confidential.Added to NRS by 2023, 1769Added by 2023, Ch. 265,§8, eff. 1/1/2024.