Section 220. Loan repayment contract

Part III. Contract

Prior to becoming a participant in the Virginia Physician Loan Repayment Program, the applicant shall enter into a contract with the commissioner agreeing to the terms and conditions upon which the loan repayment is granted. The contract shall:

1. Include the terms and conditions to carry out the purposes and intent of this program;

2. Provide that the participant shall be required to (i) provide primary health care services at an approved site in an HPSA, a VMUA, or a state or local institution for a minimum period of two years or (ii) be employed in an approved geriatrics fellowship for a minimum of two years. All loan repayment program participation shall be contingent upon continuous, full-time practice in an HPSA, a VMUA, an approved geriatrics fellowship, or a state or local institution;

3. Provide for repayment of all amounts paid, plus interest and penalties, less any service time in the event of breach of the contract;

4. Be signed by the applicant; and

5. Be signed by the commissioner or his designee.

Historical Notes

Derived from Volume 26, Issue 11, eff. March 3, 2010; amended, Virginia Register Volume 32, Issue 20, eff. July 15, 2016.

Statutory Authority

§§ 32.1-12 and 32.1-122.6:1 of the Code of Virginia.