| (a) An educational loan is eligible for repayment if
it was obtained through an eligible lender for purposes of attending
a post-secondary institution.
(b) An educational loan is not eligible for repayment
if it:
(1) was a self-made educational loan from one's own
insurance policy or pension plan or from the insurance policy or pension
plan of a spouse or other relative;
(2) involves a service obligation; or
(3) is in default at the time of the physician assistant's
application.
(c) An eligible lender or holder may include, and is
not limited to, a bank, savings and loan association, credit union,
institution of higher education, secondary market, governmental agency,
pension fund, private foundation, or insurance company. An eligible
lender or holder may not be any private individual.
(d) To be eligible for loan reimbursement under this
program, a physician assistant must meet the following criteria:
(1) passed the certifying examination administered
by the National Commission on Certification of Physician Assistants
and is licensed to practice as a physician assistant in Texas by the
Texas Medical Board;
(2) has not been subject to professional disciplinary
action by any state or federal licensing agency or any professional
physician assistant association or society whether the society is
local, regional, state, or national in scope;
(3) has not been disciplined by a licensed hospital
or medical staff of a hospital, including removal, suspension, or
limitation of hospital privileges, or other disciplinary action;
(4) satisfactorily completed an approved physician
assistant training program within ten years prior to the date of application;
and
(5) completed a minimum of one period of service as
a physician assistant in a health professional shortage area or medically
underserved area in Texas.
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