[Code of Federal Regulations]

[Title 42, Volume 1]

[Revised as of October 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 42CFR57.1506]



[Page 294]

 

                         TITLE 42--PUBLIC HEALTH

 

    CHAPTER I--PUBLIC HEALTH SERVICE, DEPARTMENT OF HEALTH AND HUMAN 

                                SERVICES

 

PART 57_GRANTS FOR CONSTRUCTION OF TEACHING FACILITIES, EDUCATIONAL 

IMPROVEMENTS, SCHOLARSHIPS AND STUDENT LOANS--Table of Contents

 

     Subpart P_Loan Guarantees and Interest Subsidies to Assist in 

   Construction of Teaching Facilities for Health Profession Personnel

 

Sec.  57.1506  Priority.



    (a) Priority in approving applications for loan guarantee and/or 

interest subsidies shall be determined in accordance with the factors 

specified in section 721(d) of the Act, and the following: (1) The 

relative need for increased enrollment and the availability of students; 

(2) the relative effectiveness of the project relative to the cost to 

the Federal Government; and (3) the relative ability of the applicant to 

make efficient and productive use of the facility constructed.

    (b) In the case of applications to aid in the construction of new 

schools of medicine, osteopathy, or dentistry, the Secretary shall give 

special consideration to those applications which contain or are 

reasonably supported by assurances that, because of the use that will be 

made by such school of already existing facilities (including Federal 

medical or dental facilities), the school will be able to accelerate the 

date on which it will begin its teaching program.