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TITLE 19EDUCATION
PART 1TEXAS HIGHER EDUCATION COORDINATING BOARD
CHAPTER 21STUDENT SERVICES
SUBCHAPTER JTHE PHYSICIAN EDUCATION LOAN REPAYMENT PROGRAM
RULE §21.259Amount of Repayment Assistance

(a) A physician whose total student loan indebtedness is at least $160,000 may receive repayment assistance based on full-time service for the following amounts:

  (1) for the first service period, $25,000;

  (2) for the second service period, $35,000;

  (3) for the third service period, $45,000;

  (4) for the fourth service period, $55,000.

(b) If a physician's total student loan indebtedness is less than $160,000, the annual loan repayment amounts based on full-time service will be the amounts required to repay the indebtedness over a period of four years, with annual increases that are proportional to the annual increases for physicians whose student loan indebtedness is at least $160,000.

(c) A physician may receive prorated loan repayment assistance based on the percentage of full-time service provided for each service period, if providing direct patient care for a minimum of 20 hours per week for each service period.


Source Note: The provisions of this §21.259 adopted to be effective November 30, 2009, 34 TexReg 8524

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