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.

Status: in_force · Read it on the official government site

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