Health Professions Education loan and Nursing Student loan Applications – Forms

OMB: 0915-0044

Wellness Procedures College loans (HPSL), No. 1 Care Fund (PCL), Finance to possess Disadvantaged Children (LDS), and you can Breastfeeding College loans (NSL) Applications – Models

This is certainly a request an extension having changes of the information collections recognized lower than OMB Manage Zero. 0915-0044 with the management variations employed by the health Professions Scholar Loan (HPSL), Top Care Loans (PCL), Fund to have Disadvantaged Children (LDS), and also the Medical Student loan (NSL) Applications of Wellness Tips and you can Attributes Management (HRSA). The latest variations is cleaned less than 0MB No. 0915-0044 and are also offered as accessories. This new expiration date toward current approval is actually . The Disciplines Education loan (HPSL) system, registered by sections 721-735 of one’s Personal Fitness Solution (PHS) Work, 42 You.S.C . 292q-292y, provides financing to universities for long-identity, low-attention money so you can pupils browsing colleges off drug, osteopathic medicine, dental, veterinarian drug, optometry, pediatric medication, and you will drugstore. The fresh Loans for Disadvantaged College students (LDS) system, subscribed by the part 724 of your PHS Work, 42 U.S.C. 292t, gives HPSL universities usage of fund having fund to college students which have monetary you would like out-of disadvantaged experiences. The new Pri, authorized by the section 723 of your PHS Act, 42 U.S.C. 292s, since amended from the P.L. 111-148, brings financing so you can HPSL schools for long-name, low-attention finance so you’re able to children desire a degree simply inside the medical care medication or osteopathic medication. Borrowers need certainly to invest in habit in the number 1 care up until the mortgage was paid back or even for a period of a decade, whichever arrives basic. New law offers a gradual redistribution from scientific and you may osteopathic HPSL fund so you can schools that demonstrate a commitment in order to education pris was funded however they are governed because of the related standards of HPSL program together with due diligence requirements, institutional benefits, reporting, etcetera. The newest Nursing Student loan (NSL) system, registered from the point 835-842 of your PHS Act (42 You.S.C. 297a-i), provides funds so you can universities away from breastfeeding for very long identity, low interest loans to help you children into the apps causing a degree in the nursing, a part degree, an effective baccalaureate studies, or a scholar knowledge in breastfeeding.

Acting HPSL, PCL, LDS, and you can NSL colleges have the effect of choosing eligibility away from candidates, and come up with financing, and gathering monies owed from the borrowers on their outstanding financing. Schools must: (1) invest the HPSL, PCL, LDS, and you will NSL funds; (2) select and you will return to new Department a lot of bucks on HPSL, PCL, LDS, and you can NSL money; and you may, (3) dictate the new collectability off defaulted money and https://paydayloanslouisiana.org/cities/birmingham/ you will, having money computed to be uncollectible, often see acceptance to type off of the finance otherwise reimburse the brand new funds on the count that stays uncollected with the funds. The newest governing laws and regulations to the HPSL program (§§ -) and NSL system (§§ 57-301-) are included in 42 CFR 57, Subpart C – Fitness Specialities Student loans and you will Subpart D – Breastfeeding Student loans.

Acceptance – with changes try expected to own HRSA-519, Qualification regarding Deferment Updates and you may recognition which have alter try questioned to own HRSA-501, HPSL, PCL, LDS & NSL Annual Performing Statement (AOR) for the following administrative versions, which are integrated since the accessories.

HRSA-519. Certification away from Deferment Condition is authorized by sections 722(c ) (HPSL) and 836(b)(2) (NSL) of the PHS Act, and §§ (HPSL) and (NSL) of the regulations . The deferment form provides the school with documentation of a borrower’s eligibility for deferment.

Help Report.docx

HRSA-501. HPSL, PCL, LDS & NSL Annual Working Statement (AOR) is authorized by section 799(e) and (h) of the PHS Act (42 USC 295o), and §§ (HPSL) and (NSL) of the regulations. The AOR provides the Federal Government with information from participating schools relating to HPSL, PCL, LDS & NSL program operations and financial activities.