In addition to the limitations associated with eligible education loans established in §23.2 of this chapter (relating to Eligible Lender and Eligible Education Loan), the following limitations apply to the Physician Education Loan Repayment Assistance Program:

1. (1) Repayment assistance to a physician is limited to four service periods.
2. (2) The total amount of repayment assistance to a physician is limited to $180,000 and may not exceed the unpaid principal and interest owed on one or more eligible education loans, as described in rule §23.2 of this chapter.
3. (3) Failure to meet the program requirements will result in non-payment for the applicable service period(s) and, except under circumstances determined by the Coordinating Board to constitute good cause, removal from the program.

Source Note:The provisions of this §23.71 adopted to be effective November 30, 2009, 34 TexReg 8524; amended to be effective November 29, 2011, 36 TexReg 8022; amended to be effective November 20, 2013, 38 TexReg 8196; amended to be effective February 22, 2016, 41 TexReg 1230; transferred effective December 15, 2016, as published in the Texas Register November 25, 2016, 41 TexReg 9341; amended to be effective December 5, 2019, 44 TexReg 7383; amended to be effective November 14, 2024, 49 TexReg 8904.