The Oregon Behavioral Health Loan Repayment recipients are eligible for a maximum loan repayment award in the following manner:
(1) Full-Time Service:
- (a) Seventy percent of the balance owed on qualifying loans upon program entry for two years of service;
- (b) A recipient may receive no more than $50,000 in a single year for Full-Time service.
(2) Part-Time Service:
- (a) Thirty five percent of the balance owed on qualifying loans upon program entry for two years of service;
- (b) A recipient may receive no more than $25,000 in a single year for Part-Time service.
- (3) Service obligations and maximum award amounts are subject to change as determined by the Authority.
Statutory/Other Authority
HB 4071 (2022)
Statutes/Other Implemented
ORS 675.375, ORS 675.705, ORS 675.720, ORS 675.745, ORS 675.785 & ORS 675.825
History
BHS 23-2022, adopt filed 12/09/2022, effective 12/09/2022
BHS 9-2022, temporary adopt filed 06/16/2022, effective 06/16/2022 through 12/12/2022