Iowa Administrative Code › Agency 283 - College Student Aid Commission › Chapter 25 - Rural Iowa Advanced Registered Nurse Practitioner and Physician Assistant Loan Repayment Program › Rule 283-25.2 - Definitions

Current through Register Vol. 47, No. 3, July 24, 2024
As used in this chapter:
"Advanced registered nurse practitioner"
means
				an individual who graduated from a graduate-level credential program at an
				eligible university, holds a practitioner's license to practice as an advanced
				registered nurse practitioner pursuant to Iowa Code chapter 152, and is
				employed in the practice of nursing in an eligible service commitment
				area.
"Eligible loan"
means the advanced registered
				nurse practitioner's or physician assistant's total subsidized, unsubsidized,
				and consolidated Federal Stafford Loan amount under the Federal Family
				Education Loan Program, Federal Direct Loan Program, federal Graduate PLUS
				Loan, or federal Perkins Loan, including principal and interest. Only the
				outstanding portion of a federal consolidation loan that was used to repay an
				eligible subsidized or unsubsidized Federal Stafford Loan qualifies for loan
				repayment.
"Eligible university"
means a college or
				university that meets the requirements of Iowa Code section
				261.2,
				subsection 11, and is an institution of higher learning under the control of
				the state board of regents or an accredited private institution as defined in
				Iowa Code section
				261.9. An eligible
				university must complete and return the forms to the commission to participate
				in the program.
"Maximum award"
means the maximum amount of
				loan repayments that the advanced registered nurse practitioner or physician
				assistant can receive after completing all obligations under the rural Iowa
				advanced registered nurse practitioner and physician assistant loan repayment
				program, not to exceed a total of $20,000. The maximum award can be applied
				only to eligible loans; thus, payments cannot exceed the outstanding eligible
				loan balance at the time of payment.
"Physician assistant"
means an individual who
				graduated with a master's degree in a physician assistant studies program at an
				eligible university, holds a practitioner's license to practice as a physician
				assistant pursuant to Iowa Code chapter 148C, and is employed as a physician
				assistant in an eligible service commitment area.
"Service commitment area"
means a medically
				underserved Iowa city with a population of less than 26,000 that is located
				more than 20 miles from a city with a population of 50,000 or more. Each
				applicant participating in the program must contract with the service
				commitment area to ensure the service commitment area provides a nonrefundable
				$2,000 contribution for deposit in the rural Iowa advanced registered nurse
				practitioner and physician assistant trust fund. Payment of the nonrefundable
				contribution to the trust fund can be made by, but is not limited to, the
				following organizations: community agencies, hospitals, medical groups,
				municipalities, community foundations, local government entities, or other
				community entities. Locations and distances between cities will be consistently
				measured and verified by calculating the shortest travel distance on paved
				roads.
"Surplus funds"
means funding available after
				the maximum award has been obligated to all recommended applicants in
				accordance with rule 283-25.3
				(261).