Iowa Administrative Code › Agency 283 - College Student Aid Commission › Chapter 27 - Rural Veterinarian Loan Repayment Program › Rule 283-27.2 - Definitions

Current through Register Vol. 47, No. 3, July 24, 2024
As used in this chapter:
"Eligible loan"
means the veterinarian's total
				subsidized, unsubsidized, and consolidated Federal Stafford Loan amount under
				the Federal Family Education Loan Program, Federal Direct Loan Program, or
				federal Graduate PLUS 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 offers a veterinary medicine degree program; is eligible to
				participate in federal student aid programs authorized under Title IV of the
				federal Higher Education Act of 1965, as amended; and is accredited by the
				American Veterinary Medical Association Council on Education.
"Food supply veterinary medicine"
means
				corporate and private practices devoted to food animal medicine, mixed animal
				medicine, food safety, epidemiology, public health, animal health, and other
				public and private practices that contribute to the production of a safe and
				wholesome food supply.
"Maximum award"
means the maximum amount of
				loan repayments that the veterinarian can receive after completing all
				obligations under the rural veterinarian loan repayment program, not to exceed
				a total of $60,000. The maximum award can be applied only to eligible loans;
				thus, payments cannot exceed the outstanding eligible loan balance at the time
				of payment.
"Service commitment area"
means an 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. If a veterinarian is not working in a
				veterinary shortage area but is working in a service commitment area, the
				veterinarian must contract with the service commitment area to ensure the
				service commitment area provides a nonrefundable contribution equivalent to
				12.5 percent of the veterinarian's eligible loan balance for deposit in the
				rural veterinarian trust fund. The veterinarian's eligible loan balance will be
				calculated after the program agreement is signed. Payment of the nonrefundable
				contribution to the trust fund can be made by, but is not limited to, the
				following organizations: community agencies, 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.
"Veterinarian"
means an individual who holds a
				practitioner's license pursuant to Iowa Code chapter 169 and is engaged in the
				practice of veterinary medicine in a service commitment area or a veterinary
				shortage area in Iowa.
"Veterinary shortage area"
means a designated
				veterinary service shortage in Iowa recommended for designation in accordance
				with the federal National Veterinary Medical Service Act and published by the
				United States Department of Agriculture. Data from the most recent year for
				which data is available will be used to award funds to new eligible applicants.
				In addition to the veterinary shortage areas published by the United States
				Department of Agriculture, the state veterinarian may designate additional
				veterinary shortage areas in Iowa. All veterinary shortage areas designated in
				a given year will be published by the commission prior to soliciting
				applications from eligible applicants.