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Louisiana Revised Statutes Tit. 17, § 3724. Loan repayment program

Current as of January 01, 2023 | Updated by Findlaw Staff

<Implementation of this section effective upon specific appropriation pursuant to Acts 2022, No. 495, § 2. See italic note following this section.>

A. The department shall administer a loan repayment program.

B. To be eligible for the loan repayment program, an applicant shall be an athletic trainer, be willing to work for a high school in a rural area, and meet any other requirements which may be established by the department.

C. Educational loans obtained by an eligible applicant for attending an accredited athletic trainer program shall be repaid retroactively after each term of service employed at a high school in a rural area for up to five years depending upon the applicant's length of service. Loans shall be repaid pursuant to the provisions of this Section at the following rates:

(1) Six thousand dollars per year of service if the applicant obtained his degree from a school or program in Louisiana.

(2) Four thousand dollars per year of service if the applicant obtained his degree from a school or program outside of Louisiana.

D. Within three months of the effective date of this Section, the department shall establish an implementation schedule for loan repayments.

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Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 17, § 3724. Loan repayment program - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-17-sect-3724/

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