Regulation .07 Participant Obligation.
Regulation .07 Participant Obligation.LinkCopy Citation
A.
A participant shall provide the Department with required documentation including:
(1)
Lender verification of education loan balance;
(2)
Documentation of employer verification;
(3)
A signed Promissory Note that includes:
(a)
The disbursement methods utilized by the Department in the repayment of education loans;
(b)
The roles and responsibilities of the participant in the disbursement of funds to the lender institution;
(c)
Penalties for failing to comply with terms and conditions of agreements with the Department; and
(d)
Other terms as determined by the Department;
(4)
A Service Obligation Agreement that includes:
(a)
Obligations of the participant;
(b)
Total and annual amounts of the Program award;
(c)
Completion of data and verifications required by the Department;
(d)
Penalties for breach of the Promissory Note and Service Obligation Agreements;
(e)
Incorporation of the Promissory Note and Program Guidelines; and
(f)
Other appropriate terms as determined by the Department; and
(5)
All other documentations as requested by the Department.
B.
A participant shall:
(1)
Continue to meet the eligibility requirements as stated in Regulation .03A and B of this chapter; and
(2)
Serve a minimum service obligation as stipulated in the Service Obligation Agreement with the Department.
C.
A final year medical resident shall:
(1)
Meet all requirements set forth in §A of this regulation;
(2)
Complete residency training in primary care, and begin their service obligation without interruption; and
(3)
Fulfill all requirements of §B of this regulation once the service obligation commences.