Code of Maine Rules › 94 - INDEPENDENT AGENCIES › 457 - FINANCE AUTHORITY OF MAINE (FAME) › Chapter 618 - MAINE VETERINARY MEDICINE LOAN PROGRAM, Amendment 2 › Section 457-618-1 - DEFINITIONS

Current through 2024-29, July 17, 2024
1. Certain terms used in this rule, which are
				defined in the
Finance Authority of Maine Act
, 10 M.R.S.A.
				§
									961 and
				following and in 20-A M.R.S.A. Chapter 424-A shall have the meanings set forth
				therein, unless clearly specified otherwise or unless the context clearly
				indicates otherwise.
2.
Defined Terms
A. "Annual report"
				means a report provided annually by the Authority to the loan recipient,
				requiring the loan recipient to provide a current address and status of the
				loan recipient's professional education, training or practice, as well as the
				geographic region the practice serves, and such other information the Authority
				deem useful or necessary for the efficient administration of the Program.
B. "Chief executive officer" means
				the chief executive officer of the Authority or a person acting under the
				supervisory control of the chief executive officer.
C. "Clinical experiences" means any
				on-location teaching environment ranging from one-to-one training with a
				veterinarian to training in a veterinary clinic or hospital.
D. "Completion of professional education"
				means completion of veterinary school, post-graduate medical training, and
				obligated public health and/or national service, if any.
E. "Emergency and critical care" means a type
				of veterinary practice as determined by the Maine Commissioner of Agriculture,
				Conservation and Forestry.
F.
				"Financial need" means the financial cost of attendance as published by the
				institution of veterinary medicine minus the student's expected family
				contribution as calculated under Title
				IV of the
Higher Education
				Act of 1965
, as amended.
G. "Forgiveness" means the satisfaction of
				all or a portion of the loan obligation by the loan recipient through an
				eligible practice as set forth herein.
H. "Insufficient veterinary services" means
				an insufficient number of practitioners of veterinary medicine in a veterinary
				specialty related to livestock or emergency and critical care, as determined by
				the Maine Commissioner of Agriculture, Conservation and Forestry.
I. "Livestock" means such animals as
				determined by the Maine Commissioner of Agriculture, Conservation and
				Forestry.
J. "Maine resident" means
				a person who has been a resident of the Maine for a minimum of two years for
				other than educational purposes at the time of entry to a school of veterinary
				medicine. In determining whether an applicant is a Maine resident, the
				Authority shall consider (a) length of residence in Maine for other than
				tuition purposes; (b) the secondary school the applicant attended; (c) the
				legal residence of the applicant's parents; (d) the location where the
				applicant is registered to vote, if any; (e) the jurisdiction(s) in which the
				applicant files income tax forms; (f) the jurisdiction where the applicant is
				licensed to drive, if any; (g) such other documents and information as
				determined necessary or relevant in the opinion of the chief executive officer.
K. "Postgraduate training"
				includes one-year internships with a practicing veterinarian and/or
				internships, residencies, and fellowships that prepare practitioners for
				certification(s) by the corresponding Council Board of veterinary medicine in
				the specialty.
L. "Program" means
				the Maine Veterinary Medicine Loan Program.
M. "Repayment period" means the period of
				time beginning six months following completion of professional education or
				withdrawal from school and continuing for ten years.
N. "Return service" means employment in a
				practice that qualifies the loan recipient for forgiveness of any portion of
				the indebtedness.
O. "Selection
				Committee" means the committee convened by the chief executive officer pursuant
				to Section IV herein.
P.
				"Underserved geographic region" means a geographic region of Maine in which
				there is an insufficient number of practitioners of veterinary medicine, as
				determined by the Commissioner of Agriculture, Conservation and
				Forestry.