reglab/statecodes huggingface dataset:
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 2 - NEW MEXICO HEALTH PROFESSIONS STUDENT LOAN-FOR-SERVICE ACTS › Section 5.7.2.6 - OBJECTIVE

Current through Register Vol. 35, No. 13, July 16, 2024
The objective and purpose of the New Mexico Health
				  Professions Student Loan-for-Service Acts are to increase the number of health
				  professionals in areas of the state which have experienced shortages of health
				  practitioners, by making educational loans to students seeking
				  certification/licensure in an eligible health profession. The acts require, as
				  a condition of each loan, that the student declare their intent to practice as
				  a health professional within one of the areas of the state designated by the
				  health profession advisory committee, of the New Mexico higher education
				  department, as a health professional shortage area.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 2 - NEW MEXICO HEALTH PROFESSIONS STUDENT LOAN-FOR-SERVICE ACTS › Section 5.7.2.7 - DEFINITIONS

Current through Register Vol. 35, No. 13, July 16, 2024
A.
"Department"
means the New Mexico higher education
				department.
B.
"Committee"
means the health professions advisory committee of the
				department.
C.
"Designated
				shortage area"
means an area in New Mexico determined by the committee
				as not being adequately served by eligible health professionals.
D.
"Eligible health profession"
means:
(1) for the Allied Health Student
				Loan-for-Service Act, dental hygienist, physical therapy, occupational therapy,
				speech-language pathology, audiology, pharmacy, nutrition, respiratory care,
				laboratory technology, radiologic technology, mental health services, emergency
				medical services, or a licensed or certified health profession as defined by
				the department;
(2) for the Medical
				Student Loan-for-Service Act: physicians and physician assistants, including
				osteopathic physicians and osteopathic physician assistants.
(3) for the Nursing Student Loan-for-Service
				Act: nurses; and,
(4) for the
				Osteopathic Medical Student Loan-for-Service Act: osteopathic physicians and
				osteopathic physician assistants.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 2 - NEW MEXICO HEALTH PROFESSIONS STUDENT LOAN-FOR-SERVICE ACTS › Section 5.7.2.8 - HEALTH PROFESSION ADVISORY COMMITTEE

Current through Register Vol. 35, No. 13, July 16, 2024
The health profession advisory committee is created to advise
				  the department on matters relating to the administration of the health
				  professions student loan-for-service Acts.
A. The committee shall be appointed by the
				department pursuant to policies and procedures of the department and shall be
				composed of:
(1) a representative of the
				department of health;
(2) a
				representative of the New Mexico health policy commission;
(3) representatives of public post-secondary
				health and medical training programs;
(4) representatives of recruiting and
				placement organizations;
(5)
				representatives of professional health and medical associations; and
(6) other representatives as appointed by the
				department.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 2 - NEW MEXICO HEALTH PROFESSIONS STUDENT LOAN-FOR-SERVICE ACTS › Section 5.7.2.9 - STUDENT ELIGIBILITY

Current through Register Vol. 35, No. 13, July 16, 2024
To be eligible for this program, a student must:
A. be pursuing an eligible health profession
				program, as defined in Subsection C in 5.7.2.7 NMAC, and enrolled in or
				accepted by an eligible public institution as defined in Subsection G in
				5.7.2.7 NMAC;
B. be enrolled at the
				time the loan is awarded and disbursed, for at least half-time in a program
				leading to a eligible health profession degree/certification, at an eligible
				institution;
C. be a citizen of the
				United States, or a permanent resident alien, and a resident of New Mexico;
				and
D. declare his/her intent to
				practice in one of the eligible health professions as outlined in Section
				5.7.2.13 NMAC for at least one year within a designated shortage area in New
				Mexico.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 2 - NEW MEXICO HEALTH PROFESSIONS STUDENT LOAN-FOR-SERVICE ACTS › Section 5.7.2.10 - SELECTION OF LOAN RECIPIENTS

Current through Register Vol. 35, No. 13, July 16, 2024
Selection shall be based on the following considerations and
				  preferences:
A. the ability,
				character, and qualifications of each applicant; this is to include a review of
				the applicant's educational transcripts, letters of recommendation, and
				references;
B. the demonstrated
				interest of the applicant in serving in a designated shortage area of the
				state;
C. the applicant's lack of
				resources to pay for his/her education expenses, as determined by a
				standardized needs analysis system, and shall be the basis for preference among
				otherwise eligible students;
D. a
				designated shortage area endorsement of the applicant;
E. a designated shortage area funding match
				of the applicant; and,
F. an
				applicant seeking to obtain a certificate, license, or degree, in a New Mexico
				certified/accredited program outlined in Subsection C in 5.7.2.7 NMAC, which
				requires two (2) years or more of study for completion.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 2 - NEW MEXICO HEALTH PROFESSIONS STUDENT LOAN-FOR-SERVICE ACTS › Section 5.7.2.11 - RESPONSIBILITIES OF THE DEPARTMENT

Current through Register Vol. 35, No. 13, July 16, 2024
A.
				develop program guidelines;
B.
				advertise the program;
C. process
				applications,
D. presenting a list
				of eligible candidates to the committee;
E. and administer the loans, including:
(1) disbursing funds;
(2) keeping records on borrowers and
				processing of contracts;
(3)
				administration of and record keeping on loan repayments;
(4) record keeping on location and time of
				service of those student loan recipients who have completed their education and
				are providing health service in designated shortage area in New
				Mexico;
(5) verification of
				qualification for forgiveness for service as defined in Section 5.7.2.13
				NMAC;
(6) preparing the following
				information for each of the loan-for-service acts:
(a) number of loans granted;
(b) names and addresses of
				borrowers;
(c) names of accredited
				programs attended; and,
(d) names
				and locations of practice of those who have completed their education and have
				become licensed/certified health practitioners in New Mexico.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 2 - NEW MEXICO HEALTH PROFESSIONS STUDENT LOAN-FOR-SERVICE ACTS › Section 5.7.2.12 - LOANS

Current through Register Vol. 35, No. 13, July 16, 2024
Loans can be made to students to defray expenses incurred in
				  obtaining an eligible health profession education under the following
				  conditions and limitations.
A. The
				amount is dependent upon the relative need of each student, but may not exceed
				twenty-five thousand ($25,000) per year. The department may set lower maximum
				award amounts based on the level of degree being obtained and other
				considerations. The exact amount of the loan for which the applicant is
				eligible will be determined as a result of an analysis of the financial
				situation of each applicant using a standard needs analysis carried out by the
				financial aid office of the student's institution.
B. Upon approval of the loan, a contract
				shall be drawn between the student and the department and signed by the student
				(for additional contract details see Section 5.7.2.14 NMAC).
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 2 - NEW MEXICO HEALTH PROFESSIONS STUDENT LOAN-FOR-SERVICE ACTS › Section 5.7.2.13 - LOAN REPAYMENT AND FORGIVENESS

Current through Register Vol. 35, No. 13, July 16, 2024
All loans shall be repaid to the state together with interest
				  or forgiven according to the following:
A. If a loan recipient of the Allied Health,
				Nursing, Medical, or Osteopathic Student Loan-for-Service Acts completes
				his/her professional education and does not serve in a designated shortage area
				for a period of at least one year, the department shall assess a penalty of up
				to three (3) times the principal due, plus eighteen percent (18%) interest,
				unless the department finds acceptable extenuating circumstances for why the
				student cannot serve and comply with the forgiveness provisions outlined in
				this section.
(1) The full penalty shall apply
				unless the circumstances reflect that the penalty should be reduced on a
				prorata basis reasonably reached based upon the degree of control which the
				recipient has over the decision not to serve. The recipient shall have the
				burden of proof.
(2) If the
				department does not find acceptable extenuating circumstances for the student's
				failure to carry out his/her declared intent to serve in a designated shortage
				area in the state, the department shall require immediate repayment of the
				unpaid principal amount of the loan plus accrued interest owed the state plus
				the amount of any penalty assessed pursuant to this subsection.
(3) In all other cases, loans will bear
				interest at seven percent (7%) per year.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 2 - NEW MEXICO HEALTH PROFESSIONS STUDENT LOAN-FOR-SERVICE ACTS › Section 5.7.2.14 - CONTRACTS

Current through Register Vol. 35, No. 13, July 16, 2024
A contract shall be drawn between each student receiving a
				  loan and the department on behalf of the state of New Mexico. The contract
				  shall:
A. provide for the payment by
				the department of a specified sum as determined in Section 5.7.2.13
				NMAC;
B. state that the borrower
				shall select from the list of designated shortage areas at the time he/she is
				ready to begin service;
C. state
				that immediately upon completion or termination of the student's eligible
				health profession education, all interest then accrued shall be
				capitalized;
D. state the
				conditions of repayment or forgiveness as detailed in Section 5.7.2.13
				NMAC;
E. state that the loan shall
				bear interest at the designated rate per annum from the date of disbursement
				until paid, make provision for conversion to a payout note as shown in Section
				5.7.2.13 NMAC, and state that interest will be charged on the unpaid balance of
				the principal only;
F. state the
				legal responsibilities of the borrower and that delinquent loans shall be
				referred to the department for appropriate action, which may include referral
				to the office of the attorney general, if deemed necessary;
G. state that the borrower's obligations of
				the contract with the department shall be binding on borrower's
				estate;
H. state that the
				department may cancel any contract on thirty (30) days written notice for any
				reasonable and sufficient cause;
I.
				state that in the event the borrower fails to make any payment when due, the
				entire indebtedness including interest due and accrued thereon shall, at the
				option of the department, become immediately due and payable; and
J. state that jurisdiction and venue shall be
				proper in Bernalillo or Santa Fe county, New Mexico for purposes of any suit to
				enforce the contract.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 2 - NEW MEXICO HEALTH PROFESSIONS STUDENT LOAN-FOR-SERVICE ACTS › Section 5.7.2.15 - REPORTS

Current through Register Vol. 35, No. 13, July 16, 2024
The department shall submit a report to the governor and the
				  legislature prior to each regular legislative session. The report shall
				  describe the activities during the previous years, including the statistics,
				  and analysis of the progress of the Health Professions Student Loan-for-Service
				  Acts in meeting the health and medical needs of the citizens of the
				  state.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 3 - NEW MEXICO HEALTH PROFESSIONAL LOAN REPAYMENT PROGRAM (HPLRP) › Section 5.7.3.1 - ISSUING AGENCY

Current through Register Vol. 35, No. 13, July 16, 2024
State of New Mexico Higher Education
				  Department
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 3 - NEW MEXICO HEALTH PROFESSIONAL LOAN REPAYMENT PROGRAM (HPLRP) › Section 5.7.3.2 - SCOPE

Current through Register Vol. 35, No. 13, July 16, 2024
Provisions for 5.7.3 NMAC apply to certain practicing health
				  professionals in New Mexico.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 3 - NEW MEXICO HEALTH PROFESSIONAL LOAN REPAYMENT PROGRAM (HPLRP) › Section 5.7.3.3 - STATUTORY AUTHORITY

Current through Register Vol. 35, No. 13, July 16, 2024
Sections
				  21-1-26
				  and 21-22D, NMSA 1978.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 3 - NEW MEXICO HEALTH PROFESSIONAL LOAN REPAYMENT PROGRAM (HPLRP) › Section 5.7.3.5 - EFFECTIVE DATE

Current through Register Vol. 35, No. 13, July 16, 2024
July 15, 1998, unless a later date is cited at the end of a
				  section.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 3 - NEW MEXICO HEALTH PROFESSIONAL LOAN REPAYMENT PROGRAM (HPLRP) › Section 5.7.3.6 - OBJECTIVE

Current through Register Vol. 35, No. 13, July 16, 2024
The objective and purpose of 5.7.3 NMAC is to increase the
				  number of health professionals in underserved areas of the state through a
				  program of loan repayment of eligible educational loans. The program will pay
				  its participants for the principal and reasonable interest accrued on loans
				  obtained for educational purposes. The program requires, as a condition of each
				  eligible participant, that they practice their profession within one of the
				  areas of the state designated by the health profession advisory committee as a
				  health professional shortage area for a minimum period of three
				  years.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 3 - NEW MEXICO HEALTH PROFESSIONAL LOAN REPAYMENT PROGRAM (HPLRP) › Section 5.7.3.7 - DEFINITIONS

Current through Register Vol. 35, No. 13, July 16, 2024
A.
"Commission"
, without further specification, means the New Mexico
				higher education department.
B.
"Committee"
means the health professions advisory committee of the
				department.
C.
"Department"
means the New Mexico higher education
				department.
D.
"Eligible
				educational loan"
means government and commercial loans for actual costs
				paid for tuition, reasonable education expenses including fees, books, supplies
				and materials; and reasonable living expenses including room and board and
				other itemized expenses incurred during an individual's enrollment at a
				post-secondary institution in a health occupation educational program. Expenses
				incurred must be related to the acquiring of said education.
E.
"Eligible participant"
includes physicians, physician assistants, advanced practice nurses, registered
				nurses, dentists, podiatrists, optometrists, allied health care providers and
				other specialties approved by the committee.
F.
"Extenuating circumstances"
means circumstances not within the control of the recipient.
G.
"Health professional shortage
				area"
means an area of the state or a facility which has been determined
				by the health professions advisory committee as an acceptable practice site in
				which program participants may fulfill their commitment.
H.
"Physician"
means a
				physician, allopathic or osteopathic with a specialty in family or general
				medicine, general internal medicine, general pediatrics and obstetrics and
				gynecology and other specialties approved by the committee.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 3 - NEW MEXICO HEALTH PROFESSIONAL LOAN REPAYMENT PROGRAM (HPLRP) › Section 5.7.3.8 - HEALTH PROFESSION ADVISORY COMMITTEE

Current through Register Vol. 35, No. 13, July 16, 2024
The health profession advisory committee is created to advise
				  the department on matters relating to the administration of the Health
				  Professions Student Loan-for-Service Acts and the Health Professional Loan
				  Repayment Act.
A. The committee shall
				be appointed by the department pursuant to policies and procedures of the
				commission and shall be composed of:
(1) a
				representative of the department of health;
(2) a representative of the New Mexico health
				policy commission;
(3)
				representatives of public post-secondary health and medical training
				programs;
(4) representatives of
				recruiting and placement organizations;
(5) representatives of professional health
				and medical associations; and
(6)
				other representatives as appointed by the department.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 3 - NEW MEXICO HEALTH PROFESSIONAL LOAN REPAYMENT PROGRAM (HPLRP) › Section 5.7.3.9 - PARTICIPANT ELIGIBILITY

Current through Register Vol. 35, No. 13, July 16, 2024
To be eligible for this program, an applicant must:
A. submit an application containing
				biographical, educational and health profession education loan information
				including lender name, address, telephone number, loan numbers, loan balances,
				interest rates and remaining payments for review;
B. be licensed or certified in the state of
				New Mexico to practice their profession;
C. be a citizen of the United States or a
				permanent resident alien and a resident of New Mexico;
D. provide service in a clinical practice of
				their profession full time (36 hours per week), the committee may consider
				part-time service, with prorated awards, on a case-by-case basis;
E. practice in an approved health
				professional shortage area for a minimum period of three years, the committee
				may consider longer periods of service on a case-by-case basis;
F. charge for their professional services at
				the usual and customary rates prevailing in the areas in which such services
				are provided, except that if a person is unable to pay such a charge, such
				person shall be charged at a reduced rate or not charged any fee;
G. agree that, in providing health services,
				they will not, in the case of an individual seeking care, discriminate on the
				basis of the ability of the individual to pay for such care or on the basis
				that payment for such care will be made pursuant to the program established in
				Title XVIII (medicare) of the Social Security Act or pursuant to the program
				established in Title XIX (medicaid) of such act; and
H. agree that they will accept assignment
				under Section 1842(b)(3)(B)(ii) of the Social Security act for all services for
				which payment may be made under Part B of Title XVIII and will enter into an
				appropriate agreement with the state agency that administers the state plan for
				medical assistance under Title XIX of such act to provide service to
				individuals entitled to medical assistance under the plan.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 3 - NEW MEXICO HEALTH PROFESSIONAL LOAN REPAYMENT PROGRAM (HPLRP) › Section 5.7.3.10 - SELECTION OF LOAN REPAYMENT PARTICIPANTS

Current through Register Vol. 35, No. 13, July 16, 2024
A. Upon receipt of application forms and
				supporting documentation from eligible participants, a committee will be
				convened by the commission staff person charged with the administration of this
				program to make award recommendations. Applicants will be notified within 30
				days of the results of this review.
B. Preference in awarding funds will be to
				individuals that have graduated from a New Mexico post-secondary
				institution.
C. Recruitment awards
				will be made to eligible participants who agree to relocate to an approved
				practice site.
D. Retention awards
				will be made to eligible participants who agree to remain in an approved
				practice.
E. Award amounts will be
				dependent upon the location of the practice, the applicant's total health
				professional educational indebtedness, and certain characteristics of the
				practice; the committee may modify the amount of the awards based upon
				available funding or other special circumstances.
(1) No award amount may exceed the total
				medical educational indebtedness of any participant.
(2) Highest priority will be given to those
				participants in practices which are hard to fill (vacancies in excess of 12
				months), practices which require after-hours call at least every other night,
				and those which have heavy obstetrical responsibilities.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 3 - NEW MEXICO HEALTH PROFESSIONAL LOAN REPAYMENT PROGRAM (HPLRP) › Section 5.7.3.12 - PENALTIES

Current through Register Vol. 35, No. 13, July 16, 2024
A. If a program
				participant does not comply with the terms of the participation agreement, the
				department shall assess a penalty of up to three times the amount of award
				disbursed, plus eighteen percent interest, unless the commission finds
				acceptable extenuating circumstances for why the participant could not serve
				and comply with the terms of the provisions. If the commission does not find
				acceptable extenuating circumstances for the participant's failure to comply,
				the commission shall require immediate repayment plus the amount of any penalty
				assessed pursuant to this section.
(1) The
				full penalty shall apply unless the circumstances reflect that the penalty
				should be reduced on a prorata basis reasonably reached based upon the degree
				of control which the recipient has over the decision not to serve. The
				recipient shall have the burden of proof.
(2) If the commission does not find
				acceptable extenuating circumstances for the recipient's failure to carry out
				their declared intent to serve in a designated shortage area in the state, the
				commission shall require immediate repayment of the award granted to the
				recipient plus the amount of any penalty assessed pursuant to this
				subsection.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 3 - NEW MEXICO HEALTH PROFESSIONAL LOAN REPAYMENT PROGRAM (HPLRP) › Section 5.7.3.13 - INELIGIBLE DEBTS

Current through Register Vol. 35, No. 13, July 16, 2024
The following educational debts are not eligible for
				  repayment under this program:
A.
				amounts incurred as a result of participation in any department administered
				loan-for-service program or other state programs whose purpose states that
				service be provided in exchange for financial assistance, such as the New
				Mexico health service corps;
B.
				scholarships which have a service component/obligation such as the national
				health service corps scholarship; and
C. personal loans from friends, relatives and
				other family members, loans which exceed individual standard school expense
				levels; the committee may consider cases of extenuating
				circumstances.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 3 - NEW MEXICO HEALTH PROFESSIONAL LOAN REPAYMENT PROGRAM (HPLRP) › Section 5.7.3.14 - REPORTS

Current through Register Vol. 35, No. 13, July 16, 2024
The department shall submit a report to the governor and the
				  legislature prior to each regular legislative session. The report shall
				  describe the program activity during the previous years, including the
				  statistics, and analysis of the progress of the Health Professional Loan
				  Repayment Act in meeting the health and medical needs of the citizens of the
				  state.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 4 - PRIMARY CARE PHYSICIAN STUDENT LOAN-FOR-SERVICE PROGRAM › Section 5.7.4.2 - SCOPE

Current through Register Vol. 35, No. 13, July 16, 2024
Provisions of 5.7.4 NMAC apply to New Mexico residents that
				  are selected to participate in primary care physician loan for service program
				  described in this rule. Participants must be pursuing a medical doctor degree
				  in with the intent to serve as primary care physician in an underserved
				  area.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 4 - PRIMARY CARE PHYSICIAN STUDENT LOAN-FOR-SERVICE PROGRAM › Section 5.7.4.3 - STATUTORY AUTHORITY

Current through Register Vol. 35, No. 13, July 16, 2024
Sections
				  9-25-8,
				  21-1-26
				  and
				  21-22G-1
				  through
				  21-22G-4,
				  NMSA 1978.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 4 - PRIMARY CARE PHYSICIAN STUDENT LOAN-FOR-SERVICE PROGRAM › Section 5.7.4.5 - EFFECTIVE DATE

Current through Register Vol. 35, No. 13, July 16, 2024
October 31, 2013, unless a later date is cited at the end of
				  a section.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 4 - PRIMARY CARE PHYSICIAN STUDENT LOAN-FOR-SERVICE PROGRAM › Section 5.7.4.6 - OBJECTIVE

Current through Register Vol. 35, No. 13, July 16, 2024
The objective and purpose of 5.7.4 NMAC is to increase the
				  number of primary care physicians in underserved areas of the state, by making
				  educational loans to medical students seeking to become primary care
				  physicians. The program requires, as a condition of each loan, that the student
				  declare the intent to practice as a primary care physician within one of the
				  counties of the state designated by the U.S. department of health and human
				  services as having a shortage of primary care physicians.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 4 - PRIMARY CARE PHYSICIAN STUDENT LOAN-FOR-SERVICE PROGRAM › Section 5.7.4.7 - DEFINITIONS

Current through Register Vol. 35, No. 13, July 16, 2024
A. "Course of
				study" means a medical student's medical education, including residency
				program.
B. "Department" means New
				Mexico higher education department.
C. "Extenuating circumstances" means
				circumstances not within the control of the recipient.
D. "Fund" means the primary care physician
				loan for service fund.
E. "Loan"
				means a grant of funds or waiver to defray the educational expenses of medical
				school, under a contract between the department and a student, requiring
				repayment with services or repayment of principal and interest and any
				fees.
F. "Participant" means an
				individual that has applied to participate in, has been accepted into and has
				signed a contract agreeing to the terms of the program.
G. "Primary care physician" means a medical
				doctor with specialty training in family medicine, general internal medicine or
				general pediatrics.
H. "Program"
				means the primary care physician student loan for service program.
I. "Residency" means three years of specialty
				training in family medicine, general internal medicine or general pediatrics
				after medical school.
J.
				"Secretary" means the secretary of higher education.
K. "Service" means full-time, on-site
				practice area as a primary care physician.
L. "Student" means a student who is a
				resident of New Mexico and is enrolled at least half-time in, or has been
				accepted by a university for medical school.
M. "Underserved area" means a health care
				underserved area as defined in the Rural Primary Health Care Act (24-1A-1 NMSA
				1978).
N. "University" means the
				university of New Mexico school of medicine.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 4 - PRIMARY CARE PHYSICIAN STUDENT LOAN-FOR-SERVICE PROGRAM › Section 5.7.4.8 - STUDENT ELIGIBILITY

Current through Register Vol. 35, No. 13, July 16, 2024
To be eligible for this program, a student must:
A. be pursuing a medical degree, and enrolled
				in or accepted by the university;
B. be enrolled at the time the loan is
				awarded and disbursed in a program leading to a medical degree at the
				university.
C. be a resident of New
				Mexico and either a graduate of a New Mexico high school or a graduate of a New
				Mexico college or university; and
D. declare his/her intent to practice as a
				primary care physician for at least one year, not to exceed five years, with
				year to year renewal within an underserved area.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 4 - PRIMARY CARE PHYSICIAN STUDENT LOAN-FOR-SERVICE PROGRAM › Section 5.7.4.9 - SELECTION OF LOAN RECIPIENTS

Current through Register Vol. 35, No. 13, July 16, 2024
The department shall select participants according to rules
				  it promulgates and, in consultation with the university, shall create a
				  standard process for medical students to declare their intentions to be primary
				  care physicians and to apply to participate in the program. The department
				  shall select loan recipients based on the following considerations and
				  preferences:
A. the ability,
				character, and qualifications of each applicant; this is to include:
(1) review of the applicant's educational
				transcripts,
(2) letters of
				recommendation from educational and medical field professionals, and
(3) references;
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 4 - PRIMARY CARE PHYSICIAN STUDENT LOAN-FOR-SERVICE PROGRAM › Section 5.7.4.10 - RESPONSIBILITIES OF THE DEPARTMENT

Current through Register Vol. 35, No. 13, July 16, 2024
The department shall:
A. promulgate rules for implementing the
				program in consultation with the university;
B. publicize the program to medical students
				and to prospective medical students;
C. collect and manage repayments from
				students who do not meet their obligations under the program;
D. solicit and accept funds for the program,
				including grants and donations;
E.
				award no more than 10 new loans a year, in addition to renewing existing
				waivers for eligible participants, subject to the availability of
				funding;
F. promulgate rules
				setting the maximum amount of the reasonable living stipend. The department
				shall determine the maximum amount of the living stipend based upon the
				availability of funds and information provided by the university regarding the
				current cost of attendance at the school of medicine;
G. for a period of no more than five years,
				allow participants to remain in the program and receive continued loans in
				accordance with the availability of funds and the department's finding that the
				participant is meeting the university's standards for satisfactory academic
				progress;
H. shall award loans to
				participants from the fund. Approve the amount of the loan granted to a
				participant. The amount of the loan awarded to a participant shall not exceed a
				reasonable living stipend plus the amount of resident tuition and fees that a
				participant incurs.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 4 - PRIMARY CARE PHYSICIAN STUDENT LOAN-FOR-SERVICE PROGRAM › Section 5.7.4.11 - LOANS

Current through Register Vol. 35, No. 13, July 16, 2024
Loans can be made to students to defray educational expenses
				  incurred in obtaining a medical degree under the following conditions and
				  limitations:
A. the amount is
				dependent upon relative need of each student, but may not exceed $30,000 per
				academic year;
B. upon approval of
				the loan, a contract shall be drawn between the student and the department and
				signed by the student and the department;
C. a student may receive a loan on the
				following terms:
(1) interest shall accrue
				upon termination of the participant's course of study; the waiver amount shall
				bear interest at the rate of 18% per year if the participant completes a course
				of study and no portion of the principal and interest is forgiven pursuant to
				Subsection D of this section; and
(2) the maximum period for repayment shall be
				10 years, commencing six months from the date the participant completes or
				discontinues the course of study, including a residency; and
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 4 - PRIMARY CARE PHYSICIAN STUDENT LOAN-FOR-SERVICE PROGRAM › Section 5.7.4.12 - LOAN REPAYMENT AND FORGIVENESS

Current through Register Vol. 35, No. 13, July 16, 2024
All loans shall be repaid to the state together with interest
				  or forgiven.
A. the loan shall be
				forgiven as follows:
(1) a loan term of one
				year shall require one year of practice as a primary care physician in an
				underserved area of the state for the one-year term of the loan received. Upon
				completion of service, 100% of the loan and accrued interest shall be
				forgiven;
(2) a loan term of two
				years shall require two years of practice as a primary care physician in an
				underserved area of the state for the two-year term of the loan received. Upon
				completion of the first year of service, 50% of the loan and accrued interest
				shall be forgiven; upon completion of the second year of service, the remainder
				of the loan and accrued interest shall be forgiven;
(3) a loan term of three years shall require
				three years of practice as a primary care physician in an underserved area of
				the state for the three-year term of the loan received. Upon completion of the
				first year of service, 25% of the loan and accrued interest shall be forgiven;
				upon completion of the second year of service, 50% of the loan and accrued
				interest shall be forgiven; and upon completion of the third year of service,
				the remainder of the loan and accrued interest shall be forgiven;
(4) a loan term of four years shall require
				four years of practice as a primary care physician in an underserved area of
				the state for the four-year term of the loan received. Upon completion of the
				first year of service, 30% of the loan and accrued interest shall be forgiven;
				upon completion of the second year of service, 40% of the loan and accrued
				interest shall be forgiven; upon completion of the third year of service, 50%
				of the loan and accrued interest shall be forgiven; and upon completion of the
				fourth year of service, the remainder of the loan and accrued interest shall be
				forgiven; or
(5) a loan term of
				five years shall require five years of practice as a primary care physician in
				an underserved area of the state for the five-year term of the loan received.
				Upon completion of the first year of service, 10% of the loan and accrued
				interest shall be forgiven; upon completion of the second year of service, 20%
				of the loan and accrued interest shall be forgiven; upon completion of the
				third year of service, 30% of the loan and accrued interest shall be forgiven;
				upon completion of the fourth year of service, 50% of the loan and accrued
				interest shall be forgiven; and upon completion of the fifth year of service,
				the remainder of the loan and accrued interest shall be forgiven;
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 4 - PRIMARY CARE PHYSICIAN STUDENT LOAN-FOR-SERVICE PROGRAM › Section 5.7.4.13 - CONTRACTS

Current through Register Vol. 35, No. 13, July 16, 2024
A contract shall be drawn between each student receiving a
				  loan and the department on behalf of the state of New Mexico. The contract
				  shall:
A. provide for the payment by
				the department of a specified sum as determined in Section 5.7.4.12
				NMAC;
B. state that the borrower
				shall select from the list of underserviced areas at the time he/she is ready
				to begin service;
C. state that
				immediately upon completion or termination of the student's eligible medical
				degree education, to include residency, the loan shall become due;
D. state the conditions of repayment or
				forgiveness as detailed in Section 5.7.4.12 NMAC;
E. state that the loan shall bear interest at
				the designated rate per annum from the date of default until paid, making
				provision for conversion to a payout note, and state that interest will be
				charged on the unpaid balance of the principal only;
F. state the legal responsibilities of the
				borrower and that delinquent loans shall be referred to the department for
				appropriate action, which may include referral to the office of the attorney
				general, if deemed necessary;
G.
				state that the borrower's obligations of the contract with the department shall
				be binding on borrower's estate;
H.
				state that the department may cancel any contract on 30 days written notice for
				any reasonable and sufficient cause;
I. state that in the event the borrower fails
				to make any payment when due, the entire indebtedness including interest due
				and accrued thereon shall, at the option of the department, become immediately
				due and payable; and
J. state that
				jurisdiction and venue shall be proper in Bernalillo or Santa Fe county, New
				Mexico for purposes of any suit to enforce the contract.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 4 - PRIMARY CARE PHYSICIAN STUDENT LOAN-FOR-SERVICE PROGRAM › Section 5.7.4.14 - REPORTS

Current through Register Vol. 35, No. 13, July 16, 2024
The department shall submit a report to the governor and the
				  legislature prior to each regular legislative session. The report shall
				  describe the activities during the previous years, including the statistics,
				  and analysis of the progress of the program in meeting the health and medical
				  needs of the citizens of the state.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 5 - TEACHER LOAN REPAYMENT PROGRAM › Section 5.7.5.2 - SCOPE

Current through Register Vol. 35, No. 13, July 16, 2024
Provisions for 5.7.5 NMAC apply to certain teachers that are
				  selected to participate in the loan repayment program described in this
				  rule.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 5 - TEACHER LOAN REPAYMENT PROGRAM › Section 5.7.5.3 - STATUTORY AUTHORITY

Current through Register Vol. 35, No. 13, July 16, 2024
Sections
				  9-25-8,
				  21-1-26
				  and
				  21-22H-1
				  through
				  21-22H-9, NMSA
				  1978.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 5 - TEACHER LOAN REPAYMENT PROGRAM › Section 5.7.5.5 - EFFECTIVE DATE

Current through Register Vol. 35, No. 13, July 16, 2024
October 31, 2013, unless a later date is cited at the end of
				  a section.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 5 - TEACHER LOAN REPAYMENT PROGRAM › Section 5.7.5.6 - OBJECTIVE

Current through Register Vol. 35, No. 13, July 16, 2024
The objective and purpose of 5.7.5 NMAC is to increase the
				  number of teachers in public schools and the number of teachers in high-need
				  positions in public schools through an educational loan repayment program. The
				  program provides for repayment of the principal and reasonable interest accrued
				  on loans obtained from the federal government for teacher education
				  purposes.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 5 - TEACHER LOAN REPAYMENT PROGRAM › Section 5.7.5.7 - DEFINITIONS

Current through Register Vol. 35, No. 13, July 16, 2024
A.
"Department"
means the New Mexico higher education
				department.
B.
"Loan"
means a grant of funds to defray the educational expenses incidental to a
				teacher education, under a contract between the federal government and a
				teacher, requiring repayment of principal and interest.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 5 - TEACHER LOAN REPAYMENT PROGRAM › Section 5.7.5.8 - HIGHER EDUCATION DEPARTMENT - POWERS AND DUTIES

Current through Register Vol. 35, No. 13, July 16, 2024
A. The department may grant a loan repayment
				award to repay loans obtained for the teacher educational expenses of a teacher
				upon such terms and conditions as may be imposed by rules of the
				department.
B. The department and
				the public education department shall jointly make a full and careful
				investigation of the ability and qualifications of each applicant and determine
				the fitness of a teacher to participate in the teacher loan repayment
				program.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 5 - TEACHER LOAN REPAYMENT PROGRAM › Section 5.7.5.9 - TEACHER ELIGIBILITY

Current through Register Vol. 35, No. 13, July 16, 2024
A. To be
				considered for the program, an applicant must:
(1) be a licensed New Mexico
				teacher;
(2) be a bona fide citizen
				and resident of the United States and New Mexico; and
(3) have taught at least three school-years
				in New Mexico.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 5 - TEACHER LOAN REPAYMENT PROGRAM › Section 5.7.5.10 - LOAN REPAYMENT AWARD CRITERIA; CONTRACT TERMS; PAYMENT

Current through Register Vol. 35, No. 13, July 16, 2024
A. Loan repayment
				award criteria shall provide that:
(1) for
				high-priority applicants, award amounts shall be dependent upon a specific
				public school's need for the designated high-need teacher position, as
				determined by the public education department, the teacher's total teacher
				education indebtedness and available balances in the teacher loan repayment
				fund;
(2) award amounts for other
				teachers shall be based on the need for a teacher position that can be filled
				by the applicant, as determined by the public education department, the
				teacher's total teacher education indebtedness and available balances in the
				teacher loan repayment fund;
(3)
				preference in making awards shall be to teachers who are historically
				underrepresented minorities in New Mexico's teaching profession or teachers who
				have graduated from a New Mexico public postsecondary educational
				institution;
(4) award amounts
				shall not exceed six thousand dollars ($6,000) per year and may be modified
				based upon funding availability or other special circumstances; and
(5) the total amount of awards made to any
				one teacher shall not exceed the total teacher education indebtedness remaining
				for that teacher.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 5 - TEACHER LOAN REPAYMENT PROGRAM › Section 5.7.5.11 - CONTRACTS

Current through Register Vol. 35, No. 13, July 16, 2024
The general form of a contract required pursuant to the
				  Teacher Loan Repayment Act shall be prepared and approved by the attorney
				  general, and each contract shall be signed by the teacher and the designated
				  representative of the department on behalf of the state.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 5 - TEACHER LOAN REPAYMENT PROGRAM › Section 5.7.5.12 - TEACHER LOAN REPAYMENT FUND CREATED AND METHOD OF PAYMENT

Current through Register Vol. 35, No. 13, July 16, 2024
A. The "teacher loan repayment fund" is
				created in the state treasury. All money appropriated for the teacher loan
				repayment program shall be credited to the fund . Income from the fund shall be
				credited to the fund, and balances in the fund shall not revert to any other
				fund. Money in the fund is subject to appropriation by the legislature to the
				department for making loan repayment awards pursuant to the Teacher Loan
				Repayment Act.
B. All payments for
				loan repayment awards shall be made upon vouchers signed by the designated
				representative of the department and upon a warrant issued by the secretary of
				finance and administration.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 5 - TEACHER LOAN REPAYMENT PROGRAM › Section 5.7.5.13 - CANCELLATION

Current through Register Vol. 35, No. 13, July 16, 2024
The department may cancel any contract made between it and a
				  teacher pursuant to the Teacher Loan Repayment Act for any reasonable cause
				  deemed sufficient by the department.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 5 - TEACHER LOAN REPAYMENT PROGRAM › Section 5.7.5.14 - REPORTS

Current through Register Vol. 35, No. 13, July 16, 2024
Prior to each regular session of the legislature, the
				  department shall make annual reports to the governor and the legislature of the
				  department's activities pertaining to the Teacher Loan Repayment Act; the loan
				  repayment awards granted; the names and addresses of teachers who received loan
				  repayment awards; the names and locations of the positions filled by those
				  teachers; the name of each teacher who received a loan repayment award who is
				  not serving in a designated high-need teacher position; the amount owed on each
				  teacher's loan and the amount paid on each teacher's loan by loan repayment
				  awards; and the number of teachers who did not complete a full year of
				  teaching.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 6 - FIRE FIGHTER AND PEACE OFFICER SURVIVORS SCHOLARSHIP › Section 5.7.6.2 - SCOPE

Current through Register Vol. 35, No. 13, July 16, 2024
Provisions of 5.7.6 NMAC apply to New Mexico residents that
				  apply to and are selected to participate in the fire fighter and peace officer
				  survivors scholarship program.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 6 - FIRE FIGHTER AND PEACE OFFICER SURVIVORS SCHOLARSHIP › Section 5.7.6.3 - STATUTORY AUTHORITY

Current through Register Vol. 35, No. 13, July 16, 2024
Sections
				  21-21F-1
				  through 21-21-F-5 NMSA 1978.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 6 - FIRE FIGHTER AND PEACE OFFICER SURVIVORS SCHOLARSHIP › Section 5.7.6.5 - EFFECTIVE DATE

Current through Register Vol. 35, No. 13, July 16, 2024
August 29, 2014, unless a later date is cited at the end of a
				  section.
New Mexico Administrative Code › Title 5 - POST-SECONDARY EDUCATION › Chapter 7 - TUITION AND FINANCIAL AID › Part 6 - FIRE FIGHTER AND PEACE OFFICER SURVIVORS SCHOLARSHIP › Section 5.7.6.6 - OBJECTIVE

Current through Register Vol. 35, No. 13, July 16, 2024
The objective and purpose of 5.7.6 NMAC is to provide a
				  guideline for implementing the Fire Fighters and Peace Officer Survivors
				  Scholarship Act. The purpose of this act is to provide a scholarship
				  opportunity to the eligible dependents of fire fighters and peace officers who
				  lost their lives in the line of duty.