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COMMITTEE ACTION:
SF 2011 – Rural Physician Loan Repayment Fixes
SF 2011 adds new private loan eligibility language. The new language allows refinancing student loans as private loans, while maintaining eligibility for loan repayment through Iowa’s rural physician loan repayment program. The appropriations maximum award and time frame still apply.
A committee amendment added the same refinancing allowances to the health
care professional recruitment program and the health care loan repayment
program. The amendment also makes the refinancing allowance retroactive to
January 2019.
[2/28: 15-0]