Section 188-D:18-i Loan Repayment Component.
I. The commission shall repay a percent of loan debt for recipients based on each complete year of qualifying service in a shortage area.
II. The commission, or its designee, shall determine the maximum amount of repayment an individual shall be eligible to receive, and the qualifying service to be covered under this section.
III. Only loan debt that was incurred as a result of postsecondary education and which were part of a financial aid award shall be eligible for repayment.
Source. 2003, 235:1, eff. Sept. 5, 2003.