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6-81-1105. Veterinary medicine loans — Definitions.

Arkansas Code — all titles (historical 2020) · legal_authorities

6-81-1105. Veterinary medicine loans — Definitions.

6-81-1105. Veterinary medicine loans — Definitions. (a) As used in this section: (1) “Food animal” means bovine, porcine, ovine, camelid, cervid, poultry, and any other species determined by the State Veterinarian; (2) “Food supply veterinary medicine” means all aspects of veterinary medicine's involvement in food supply systems, from traditional agricultural production to consumption; (3) “Loan repayment” means a payment made to a recipient upon completion of yearly requirements; (4) “Participating institution” means the College of Veterinary Medicine of Mississippi State University; (5) “Practice of food supply veterinary medicine” means a corporate or private veterinary practice with a minimum of thirty percent (30%) of the practice devoted to food animal medicine or mixed animal medicine located in rural areas; and (6) “Qualified recipient” means a student who: (A) Is a resident of the State of Arkansas; (B) Has completed a veterinarian medicine degree program at a participating institution; (C) Is licensed to practice veterinary medicine in Arkansas; and (D) Has been certified under § 6-4-106 by the Division of Higher Education as qualified to participate in the loan repayment program authorized by this section and consistent with § 6-4-106. (b) The division shall institute a loan repayment program to: (1) Benefit Arkansas residents; and (2) Assist with the repayment of federal student loans for students that attended a participating institution and completed the requirements for loan repayment. (c)(1) The division shall administer the program. (2)(A) The division shall adopt rules to implement this section and address the terms and conditions of loan repayments made under this section. (B) The terms of the loan repayment shall inc

Source: Arkansas Code — historical release 78 (November 6, 2020) · 6-81-1105

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.

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Stable record: arkansas_code:legal_authorities:6-81-1105
Source file: gov.ar.code.title.06.odt
Pages: Not recorded – Not recorded
Passage SHA-256: aaf2e087c9e48ec0b0ffd2ae14cf3475b80000949ebcfb88aab0c9b066761b24

Source location: content.xml paragraph 43300

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6-81-1105. Veterinary medicine loans — Definitions. (a) As used in this section: (1) “Food animal” means bovine, porcine, ovine, camelid, cervid, poultry, and any other species determined by the State Veterinarian; (2) “Food supply veterinary medicine” means all aspects of veterinary medicine's involvement in food supply systems, from traditional agricultural production to consumption; (3) “Loan repayment” means a payment made to a recipient upon completion of yearly requirements; (4) “Participating institution” means the College of Veterinary Medicine of Mississippi State University; (5) “Practice of food supply veterinary medicine” means a corporate or private veterinary practice with a minimum of thirty percent (30%) of the practice devoted to food animal medicine or mixed animal medicine located in rural areas; and (6) “Qualified recipient” means a student who: (A) Is a resident of the State of Arkansas; (B) Has completed a veterinarian medicine degree program at a participating institution; (C) Is licensed to practice veterinary medicine in Arkansas; and (D) Has been certified under § 6-4-106 by the Division of Higher Education as qualified to participate in the loan repayment program authorized by this section and consistent with § 6-4-106. (b) The division shall institute a loan repayment program to: (1) Benefit Arkansas residents; and (2) Assist with the repayment of federal student loans for students that attended a participating institution and completed the requirements for loan repayment. (c)(1) The division shall administer the program. (2)(A) The division shall adopt rules to implement this section and address the terms and conditions of loan repayments made under this section. (B) The terms of the loan repayment shall include without limitation: (i) A requirement to practice food supply veterinary medicine for five (5) consecutive years; and (ii) Conditions for loan repayment under § 6-81-1106. (C) The loan repayment amount shall not exceed the amount of tuition assistance provided under the Southern Regional Education Compact program. (d) The division shall: (1) Allocate the number of qualified recipients to receive loan repayment based on the amount of funds appropriated; (2) Determine the necessary procedures for awarding the loan repayments if the number of eligible applicants and recipients exceeds the funding available; and (3)(A) Distribute loan repayments according to the allocations made by the division. (B) The division shall not be obligated to make a loan repayment unless funds are appropriated.

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Arkansas Code — all titles (historical 2020) · legal_authorities

6-4-106. Application by students.

6-4-106. Application by students. (a) Students seeking the subsidy to be paid for their benefit shall apply to the Division of Higher Education, giving necessary information. (b) If the applicant is found to be a bona fide resident of Arkansas and if funds for this purpose are available, the division shall, without more, certify the applicant as qualified to participate under this program.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 6-4-106

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 6-4-106. This identifies an authority to review, not proof of applicability.

Arkansas Code — all titles (historical 2020) · legal_authorities

6-81-1106. Student loan repayment — Definitions.

6-81-1106. Student loan repayment — Definitions. (a) As used in this section: (1) “Food animal” means bovine, porcine, ovine, camelid, cervid, poultry, and any other species determined by the State Veterinarian; (2) “Food supply veterinary medicine” means all aspects of veterinary medicine's involvement in food supply systems, from traditional agricultural production to consumption; and (3) “Practice of food supply veterinary medicine” means a corporate or private veterinary practice with a minimum of thirty percent (30%) of the practice devoted to food animal medicine or mixed animal medicine located in rural areas. (b) The Division of Higher Education shall repay federal student loans yearly for a maximum of five (5) consecutive years if the recipient: (1) Practices food supply veterinary medicine in Arkansas within ninety (90) days after completion of: (A) The professional degree program for which the loan was made; (B) An internship program; or (C) The professional degree program for which the loan was made and an internship program; and (2) Maintains the practice of food supply veterinary medicine in Arkansas for a minimum of one (1) year for each year of loan repayment up to five (5) years with all five (5) years consecutive. (c) A recipient who fails to satisfy the obligation to engage in the practice of food supply veterinary medicine for one (1) year in a five-consecutive-year period shall not receive the loan repayment amount. (d) The obligation to engage in the practice of food supply veterinary medicine for a five-consecutive-year period shall be postponed during any: (1) Period of temporary medical disability if the recipient is unable to practice veterinary medicine; (2) Period of military service under § 6-61-112; or (3) Othe

Source: Arkansas Code — historical release 78 (November 6, 2020) · 6-81-1106

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 6-81-1106. This identifies an authority to review, not proof of applicability.