Iowa Administrative Code › Agency 283 - College Student Aid Commission › Chapter 24 - Rural Iowa Primary Care Loan Repayment Program › Rule 283-24.2 - Definitions

Current through Register Vol. 47, No. 3, July 24, 2024
As used in this chapter:
"Contribution"
means a nonrefundable $20,000
				contribution paid by the service commitment area to the rural Iowa primary care
				trust fund for each physician in the community who is participating in the
				program. Each physician participating in the program must contract with the
				service commitment area to ensure the service commitment area provides the
				nonrefundable contribution. 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 agencies, or other community entities.
"Eligible loan"
means the physician'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. A physician who receives loan repayment under this program
				and who refinances an eligible loan by obtaining a private educational loan may
				continue to receive loan repayment awards.
"Eligible university"
means either the State
				University of Iowa Carver College of Medicine or Des Moines University College
				of Osteopathic Medicine.
"Maximum award"
means the maximum amount of
				loan repayments that the physician can receive after completing all obligations
				under the rural Iowa primary care loan repayment program, not to exceed a total
				of $200,000. 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"
means an individual who holds a
				practitioner's license issued by an agency or board under the Iowa department
				of public health and is employed in the practice of medicine and surgery or
				osteopathic medicine and surgery, specializing in family medicine, pediatrics,
				psychiatry, internal medicine, obstetrics and gynecology, or general
				surgery.
"Residency program"
means an accredited
				medical residency program located in the state of Iowa in which the residency
				is physically performed in the state of Iowa.
"Service commitment area"
means a medically
				underserved Iowa city which provides a nonrefundable contribution for each
				physician in the community who is participating in the rural Iowa primary care
				loan repayment program and which meets any of the following conditions:
1. Is a city within a federal mental health
			 shortage area, as designated by the Health Resources and Services
			 Administration of the United States Department of Health and Human Services, if
			 the physician participating in the rural Iowa primary care loan repayment
			 program specializes in psychiatry.
2. Is a 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. Locations and distances between cities will be consistently
			 measured and verified by calculating the shortest travel distance on paved
			 roads.