LD 715
pg. 2
Page 1 of 2 An Act to Assist Visual Care Providers in the State LD 715 Title Page
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LR 796
Item 1

 
indebtedness plus any accrued interest or $7,500 for
each year of practice.

 
(4) Any student completing an entire residency at
any primary health care residency program in the
State is forgiven 50% of the original outstanding
indebtedness for each year of practice in a
designated health professional shortage area, as a
physician practicing in an underserved specialty or
as a physician providing services to an underserved
group or 25% of the original outstanding indebtedness
for each year of primary health care practice in the
State.

 
SUMMARY

 
This bill expands the loan forgiveness aspect of the Health
Professions Loan Program to include ophthalmologists and
optometrists practicing in health professional shortage areas,
practicing in underserved specialty areas or providing
services to a designated underserved group as determined by
the Commissioner of Human Services. Currently dentists and
physicians practicing general or family medicine, internal
medicine, pediatrics, obstetrics and gynecology qualify for
loan forgiveness under the program.


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