[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: 42CFR57.313]



[Page 287-288]

 

                         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 D_Nursing Student Loans

 

Sec.  57.313  Loan cancellation for full-time employment as a registered 

nurse.



    (a) For loans made after November 18, 1971, and before September 29, 

1979. A person who: (1) Received one or more nursing student loans after 

November 18, 1971, and before September 29, 1979; (2) is in compliance 

with the requirements of title VIII of the Act and these regulations; 

and (3) engages in full-time employment as a registered nurse (including 

teaching in any of the fields of nurse training or service as an 

administrator, supervisor, or consultant in any of the fields of 

nursing) in any public or nonprofit private agency, institution, or 

organization (including neighborhood health centers) is entitled to have 

a portion of these nursing student loans canceled as follows: 15 percent 

of the total amount of the loans plus accrued interest on the loan which 

is unpaid on the first day of his or her service, for each of the first, 

second, and third year of service; and 20 percent of the total amount of 

the loan plus accrued interest on the loan for each complete fourth and 

fifth year of service thereafter, up to 85 percent of the total of the 

loans, plus accrued interest.

    (b) Continuation of provisions for cancellation of loans made prior 

to November 18, 1971. A person who received one or more nursing student 

loans prior to November 18, 1971, may still receive cancellation of 

these loans for service under section 836(h) of the Act. The regulations 

set forth in 42 CFR 57.316 (a) and (b)(6) (1976), as adopted on February 

4, 1974, remain applicable to cancellation on this basis. The provisions 

can be found at 39 FR 16473 (May 9, 1974) and a copy can be obtained by 

writing to the Division of Student Assistance, Bureau of Health 

Professions, Room 8-34, Parklawn Building, 5600 Fishers Lane, Rockville, 

MD 20857.



[[Page 288]]



    (c) The determination of whether a person is entitled to have any 

portion of his or her nursing student loan canceled for full-time 

employment as a registered nurse will be made by the institution to 

whose fund his or her loan is payable, upon receipt and evaluation of an 

application for cancellation from that person.



[50 FR 34434, Aug. 23, 1985, as amended at 56 FR 13772, Apr. 4, 1991; 57 

FR 45735, Oct. 5, 1992; 61 FR 6123, Feb. 16, 1996]