Administrative Code

Virginia Administrative Code
6/12/2024

Part V. Repayment

12VAC5-542-90. Repayment of scholarships.

Unless repayment is forgiven as specified in subdivision 6 of 12VAC5-542-80 or by special variance as provided in subdivision 5 of 12VAC5-542-80, all scholarships shall be repaid to the Commonwealth, either by the recipient's practice as a nurse practitioner or nurse midwife or through cash payments as specified in subdivisions 7 and 8 of 12VAC5-542-80.

Statutory Authority

§§ 32.1-12, 32.1-122.5, and 32.1-122.6:02 of the Code of Virginia.

Historical Notes

Derived from VR355-40-700 § 5.1, eff. August 1, 1994.

12VAC5-542-100. Repayment by practice.

It is the intent of the Virginia Nurse Practitioner/Nurse Midwife Scholarship Program that recipients repay their scholarship obligation by practice. Each recipient electing to repay by practice shall notify the commissioner in writing of his proposed practice location not more than 30 days following beginning of employment. Written approval of the practice location will be sent the recipient by the commissioner. A recipient will receive one year of credit toward fulfillment of his scholarship application for each 12 months of full-time (minimum of 40 hours per week) continuous practice. Absences from practice in excess of seven weeks per 12-month practice period for maternity leave, illness, vacation, or any other purpose shall not be credited toward repayment and will extend the recipient's total obligation by the number of weeks of excess absence. Any recipient who partially completes a scholarship obligation will be required to fulfill the remainder of the scholarship obligation by cash repayment in accordance with 12VAC5-542-110. Credit for partial years of service will be applied toward fulfillment of the scholarship obligation.

Statutory Authority

§§ 32.1-12, 32.1-122.5, and 32.1-122.6:02 of the Code of Virginia.

Historical Notes

Derived from VR355-40-700 § 5.2, eff. August 1, 1994.

12VAC5-542-110. Cash repayment.

Cash repayment by recipients who terminate their contracts prior to the completion of training shall be made in accordance with subdivisions 3 and 4 of 12VAC5-542-80 and by recipients who become disabled before fulfilling the practice obligation in accordance with subdivision 5 of 12VAC5-542-80. Cash repayments by recipients who otherwise fail or refuse to fulfill their practice obligation shall be made in accordance with subdivisions 7 and 8 of 12VAC5-542-80.

Statutory Authority

§§ 32.1-12, 32.1-122.5, and 32.1-122.6:02 of the Code of Virginia.

Historical Notes

Derived from VR355-40-700 § 5.3, eff. August 1, 1994.

12VAC5-542-120. Cash repayment amount.

The full amount to be repaid by a recipient who fails or refuses to fulfill the practice obligation shall be determined in the following manner: the annual amount of the scholarship for the year the recipient obtained the scholarship multiplied by three, plus interest (current bank rate of interest on a similar amount of unsecured debt) calculated from the date of receipt of funds by the recipient until the scholarship is fully paid. Repeat the above calculation for each scholarship that the recipient obtained and add the sums of the calculation to determine the total amount due to be repaid to the Commonwealth.

Statutory Authority

§§ 32.1-12, 32.1-122.5, and 32.1-122.6:02 of the Code of Virginia.

Historical Notes

Derived from VR355-40-700 § 5.4, eff. August 1, 1994.

12VAC5-542-130. Cash repayment schedule.

Any scholarship to be repaid in cash payments due to the recipient's failure to enter into an approved practice shall be repaid within 24 months of the date contract obligation should commence. Any scholarship to be repaid in cash payment due after partial repayment by practice shall be paid within 24 months of the recipient's departure from his approved practice. Failure of any recipient to make any payment on his debt of restitution plus interest when it is due shall be cause for the commissioner to refer the debt to the Attorney General of the Commonwealth of Virginia for collection. The recipient shall be responsible for any costs of collection as may be provided in Virginia law.

Statutory Authority

§§ 32.1-12, 32.1-122.5, and 32.1-122.6:02 of the Code of Virginia.

Historical Notes

Derived from VR355-40-700 § 5.5, eff. August 1, 1994.

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