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314.462 Scholarship program and loan repayment program -- Requirements.
The board shall establish and administer a scholarship program and a loan repayment <br>program to prepare nurses to assume faculty positions in nursing education programs <br>located in Kentucky. The board shall establish program requirements that include but are <br>not limited to: <br>(1) Eligibility criteria for scholarships and loan repayments which require recipients to
be registered nurses enrolled in a Kentucky program designed to lead to a master's <br>degree or other higher degree in nursing and requires their commensurate <br>commitment to teach in a program in Kentucky designed to prepare students for <br>licensure as a registered or licensed practical nurse;
(2) The minimum and maximum annual awards per student for scholarships and loan
repayments;
(3) A defined process for pay back of scholarships and loan repayments when the
recipient fails to comply with obligations related to employment as faculty in <br>nursing education programs; and
(4) A process whereby nursing educational institutions shall report on the academic
performance of scholarship and loan repayment recipients.
Effective: July 15, 2002 <br>History: Created 2002 Ky. Acts ch. 272, sec. 7, effective July 15, 2002.
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