Missouri Code of State Regulations › Title 2 - DEPARTMENT OF AGRICULTURE › Division 30 - Animal Health › Chapter 11 - Large Animal Veterinary Student Loan Program › Section 2 CSR 30-11.010 - Large Animal Veterinary Student Loan Program

Current through Register Vol. 49, No. 14, July 15, 2024
PURPOSE: This rule establishes the requirements for
				  implementing the large animal veterinary student loan program.
(1) The following definitions shall be used
				in the interpretation and enforcement of this rule, in addition to those found
				in section
				340.337, RSMo:
(A) Academic year means the period of time
				beginning with the start of the fall semester to the final day of the spring
				semester and any subsequent summer sessions;
(B) Advisory panel means individuals
				appointed by the director of the Missouri Department of Agriculture to advise
				the department regarding the rules, funding, and guidelines for implementing
				and administering the large animal student medicine loan;
(C) Application contract means the form
				provided by the Missouri Department of Agriculture for the purpose of applying
				for a large animal veterinary student loan;
(D) Area of defined need means a geographic
				area within Missouri with at least one (1) of the following characteristics and
				approved by the director or the director's designated agent:
1. Large animal populations/producers
				sufficient to potentially sustain/employ a large animal veterinarian;
2. Employment opportunity as a large animal
				veterinarian;
3. Veterinary
				population in region is diminishing;
4. Economics of area adequate to support
				veterinarian;
5. Presence of
				livestock markets; and
6. Requests
				from individual, groups, organizations, and communities;
(E) Educational loans means the financial
				assistance provided by the department under the authority of the large animal
				veterinary student loan program; commercial loans made by banks, credit unions,
				savings and loan associations, insurance companies, schools, and other
				financial institutions for veterinary education purposes; or loans made by
				federal, state, county, or city agencies authorized by law to make loans for
				veterinary education purposes;
(F)
				Eligible applicant means a veterinary student in the college or in the final
				full year as a full-time student in an undergraduate course of study eligible
				to apply to the college;
(G)
				Eligible student means a resident who has made application to be a full-time
				student or currently enrolled in the college;
(H) Loan contract means the form signed by a
				large animal veterinary student loan applicant and the director of the
				department or the director's authorized agent in which the applicant agrees to
				accept responsibility for repayment of educational loans through qualified
				employment or by cash;
(I)
				Placement form means the form provided by the department for the purpose of
				applying for participation in the large animal veterinary student loan
				program;
(J) Qualified applicant
				means a student matriculating in the college and in the professional program
				leading to a doctor of veterinary medicine degree;
(K) Reasonable educational costs means
				tuition, books, fees, supplies, equipment, and materials required by the
				college in which the loan program recipient is enrolled to obtain a doctorate
				of veterinary medicine; and
(L)
				Reasonable living expenses means the cost of room, board, transportation, and
				miscellaneous costs based on individual program costs.