§ 16-62.1-3. Interest forgiveness on loans.
An eligible registered nurse shall be eligible to have the interest on his or her loan forgiven for each year he or she has eligible employment in the state up to a maximum of four (4) years and prior to the termination of this program.
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.