Okla. Stat. tit. 70, § 70-625.3
This is the official text of Okla. Stat. tit. 70, § 70-625.3, part of Oklahoma’s Stat. tit. 70, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 70,." Browse the sections below, each linked to its official government source.
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Terms and conditions
Official statutory text
A. The terms and conditions governing the scholarships shall be
as prescribed and formulated by the Health Care Workforce Training
Commission, but shall include the condition that each recipient,
upon completion of the recipient's course of study, shall repay such
scholarship by practicing the recipient's profession in a rural
community in Oklahoma having a population of seven thousand five
hundred (7,500) persons or less according to the last preceding
United States Decennial Census and having a need therefor, as
determined by the Commission, for one (1) year for each one (1) year
the scholarship is financed; provided, however, that the recipient
will be given no credit for payment and reduction of the obligation
by serving in the defined rural communities for a period less than
two (2) years.
B. The maximum rural population criteria specified in
subsection A of this section may be waived by the Commission.
C. The terms of this subsection shall apply to recipients who
accept assistance on or after July 1, 1993. The contract shall
provide that in the event the recipient breaches the terms of the
contract by not serving the designated community for the specified
period of time, the Commission shall be entitled to recover an
amount equal to three times the principal disbursed, pursuant to the
contract, plus interest. Interest on all amounts paid to or on
behalf of the participant shall be computed at the current prime
rate plus one percent (1%) with the interest to accrue from the date
each payment is made, pursuant to the contract. The amount the
Oklahoma Statutes - Title 70. Schools Page 1049
Commission is entitled to recover shall be paid within ninety (90)
days of the date the recipient becomes liable as determined by the
Commission.
as prescribed and formulated by the Health Care Workforce Training
Commission, but shall include the condition that each recipient,
upon completion of the recipient's course of study, shall repay such
scholarship by practicing the recipient's profession in a rural
community in Oklahoma having a population of seven thousand five
hundred (7,500) persons or less according to the last preceding
United States Decennial Census and having a need therefor, as
determined by the Commission, for one (1) year for each one (1) year
the scholarship is financed; provided, however, that the recipient
will be given no credit for payment and reduction of the obligation
by serving in the defined rural communities for a period less than
two (2) years.
B. The maximum rural population criteria specified in
subsection A of this section may be waived by the Commission.
C. The terms of this subsection shall apply to recipients who
accept assistance on or after July 1, 1993. The contract shall
provide that in the event the recipient breaches the terms of the
contract by not serving the designated community for the specified
period of time, the Commission shall be entitled to recover an
amount equal to three times the principal disbursed, pursuant to the
contract, plus interest. Interest on all amounts paid to or on
behalf of the participant shall be computed at the current prime
rate plus one percent (1%) with the interest to accrue from the date
each payment is made, pursuant to the contract. The amount the
Oklahoma Statutes - Title 70. Schools Page 1049
Commission is entitled to recover shall be paid within ninety (90)
days of the date the recipient becomes liable as determined by the
Commission.
Status: in_force · Read it on the official government site
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