§ 16-62.1-1. Legislative findings.
The purpose of this chapter is to provide an incentive, in the form of interest reduction on certain types of education loans, to students who desire to serve the health care needs of individuals in Rhode Island by enrolling in a registered nurse training program. The general assembly has found and hereby declares that it is in the public interest and essential to the welfare and well being of the inhabitants of the state that a sufficient number of registered nurses be attracted to Rhode Island to serve the health care needs of our population. The general assembly further finds that there is a growing shortage of qualified registered nurses to meet the needs of the state’s population. The general assembly determines that it is vital to the welfare of the state’s citizenry that an incentive be provided to attract and retain registered nurses in the state to meet their needs.
History of Section.P.L. 2001, ch. 332, § 1.
Structure Rhode Island General Laws
Chapter 16-62.1 - Nursing Loan Repayment Program
Section 16-62.1-1. - Legislative findings.
Section 16-62.1-2. - Definitions.
Section 16-62.1-3. - Interest forgiveness on loans.
Section 16-62.1-4. - Application for loan interest forgiveness.
Section 16-62.1-5. - Continued eligibility.
Section 16-62.1-6. - Penalty for failure to maintain eligibility.
Section 16-62.1-7. - Regulations.
Section 16-62.1-8. - No adverse effect on authority’s bond issues or rating.
Section 16-62.1-9. - Severability of provisions.
Section 16-62.1-10. - Termination of interest forgiveness on December 31, 2010.