1. (a) A physician whose total student loan indebtedness is at least $160,000 may receive repayment assistance based on full-time service for the following amounts:

   1. (1) for the first service period, $25,000;
   2. (2) for the second service period, $35,000;
   3. (3) for the third service period, $45,000;
   4. (4) for the fourth service period, $55,000.
2. (b) If a physician's total student loan indebtedness is less than $160,000, the annual loan repayment amounts based on full-time service will be the amounts required to repay the indebtedness over a period of four years, with annual increases that are proportional to the annual increases for physicians whose student loan indebtedness is at least $160,000.
3. (c) A physician may receive prorated loan repayment assistance based on the percentage of full-time service provided for each service period, if providing direct patient care for a minimum of 20 hours per week for each service period.

Source Note:The provisions of this §23.70 adopted to be effective November 30, 2009, 34 TexReg 8524; transferred effective December 15, 2016, as published in the Texas Register November 25, 2016, 41 TexReg 9341.