Establishes a nurse loan repayment program for nurses serving in underserved areas or nursing homes.
The bill establishes the nurse loan repayment program, authorizing the commissioner to award loan repayment awards to registered professional nurses or licensed practical nurses who commit to serving in underserved areas or nursing homes for at least five years. Eligible nurses can receive up to $150,000 over five years, distributed as specified. Nurses who practice less than two years in these areas must repay the funds. The commissioner can use available funds as matching funds for federal grants.
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