Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2025 | Updated by Findlaw Staff
(a) For the purposes of this section, “authority loans” and “eligible loans” have the same meanings as provided in section 10a-223.
(b) The Connecticut Higher Education Supplemental Loan Authority shall establish, subject to available funding in the account established and maintained pursuant to section 10a-247c, a Nursing, Mental Health Care and Emergency Medical Service Professionals Loan Subsidy Program for the purpose of subsidizing interest rates on authority loans issued to refinance eligible loans for health care professionals who (1) are actively employed in a clinical or an emergency medical service setting, (2) are (A) licensed pursuant to chapter 378, 1 378a, 2 383, 3 383a, 4 383b 5 or 383c 6, or (B) certified as an emergency medical responder or emergency medical technician under the provisions of section 20-206ll or 20-206mm or as an advanced emergency medical technician by the Department of Public Health, and (3) meet the eligibility criteria established pursuant to subsection (c) of this section.
(c) The Connecticut Higher Education Supplemental Loan Authority shall enter into a memorandum of agreement with the Commissioner of Education to establish eligibility criteria and administrative guidelines for the program established pursuant to subsection (b) of this section. Such eligibility criteria and guidelines shall include, but need not be limited to, (1) applicant eligibility criteria, (2) interest rate subsidies and principal limits on authority loans offered under the program, (3) a process for verifying that applicants are actively employed in a clinical or an emergency medical service setting, and (4) a requirement that an interest rate subsidy on an authority loan issued under the program be terminated if the subsidy recipient fails to meet the requirements of the program at any time during the term of such loan.
Cite this article: FindLaw.com - Connecticut General Statutes Title 10A. State System of Higher Education § 10a-247b. Nursing, Mental Health Care and Emergency Medical Service Professionals Loan Subsidy Program. Eligibility criteria and administrative guidelines - last updated January 01, 2025 | https://codes.findlaw.com/ct/title-10a-state-system-of-higher-education/ct-gen-st-sect-10a-247b/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)