Oklahoma Administrative Code › Title 540 - Health Care Workforce Training Commission › Chapter 30 - Oklahoma Nursing Student Assistance Program › Subchapter 5 - Categories of Scholarships › Section 540:30-5-1 - Matching Nursing Student Assistance Program

Current through Vol. 41, No. 20, July 1, 2024
(a)
				Scholarships granted under the Matching Nursing Student Assistance Program will
				stipulate that a sponsor and the Health Care Workforce Training Commission
				provide equal dollar amounts for funding the scholarships. The maximum amounts
				that can be matched are $750.00 per full-time semester for LPN program, $1,250
				per full-time semester for an ADN program, $1,750.00 per full-time semester for
				the BSN program, and $2,500.00 per full-time semester (up to 4 years) for
				MSN/DNP/Ph.D. program.
(b) Sponsors
				of nurse students may be hospitals, nursing homes, home health and hospice
				agencies, other health care delivery facilities, public agencies, corporations,
				private organizations, communities, foundations, trusts, or other entities who
				wish to apply for and, if approved, match an amount equal to fifty percent of
				the loan authorized by the Commission.
(c) Under the provisions of the Matching
				Nursing Student Assistance Program, a student may receive an equal full
				scholarship amount from both the sponsor and the Health Care Workforce Training
				Commission. The monies are to be used for payment of tuition, required fees,
				equipment, uniforms, training materials, books, certification exams, and other
				educationally related expenses necessary for attendance at nursing
				school.
(d) An approximate
				guideline of seventy percent of all monies appropriated for the Health Care
				Workforce Training Commission Nursing Student Assistance Program may be used
				for funding scholarships approved under the Matching Nursing Student Assistance
				Program. Approximately seventy percent of all funds designated for the Matching
				Nursing Student Assistance Program may be expended for nursing scholarships in
				Oklahoma communities that meets the current definition of rural as determined
				by HWTC.
(e) Scholarship recipients
				may carry out their service obligation by practicing full time as a licensed
				practical or registered nurse (excluding physician's offices, private duty
				practice, research or non-patient based facilities, industrial and summer camp
				nursing) as agreed to by contract or with Commission approval.
(f) Scholarship recipients may carry out
				their service obligation by teaching in an accredited/approved Oklahoma nursing
				school (provided other Oklahoma Board of Nursing faculty qualifications are
				met).
(g) Scholarship receipts who
				become nurse practitioners may carry out their service obligation by practicing
				full time as a nurse practitioner at any Oklahoma hospital, nursing home, state
				health facility, qualified rural health clinic, or hospital, private owned, or
				leased rural physician clinic.
(h)
				Receipts received from sponsors shall be deposited into and disbursed from a
				Commission revolving fund created by State Law in the State Treasury.
Amended at 15 Ok Reg
				  1777, eff 5-11-98; Amended at 19 Ok Reg 1199, eff 5-13-02; Amended at 23 Ok Reg
				  1109, eff 5-11-06