This bill proposes the establishment of a new article in the Code of West Virginia, specifically aimed at creating a Loan Repayment Recruitment Program for mental health professionals who specialize in treating children and adolescents. The program is designed to address the ongoing shortage of such professionals by alleviating their student loan burdens. It outlines the purpose of the program, defines key terms, and sets forth eligibility criteria for participants, which include having a relevant degree, being licensed in West Virginia, and fulfilling specific employment requirements. The Department of Health is designated to administer the program, which includes reviewing applications, verifying eligibility, and publicizing the initiative to encourage participation.
Additionally, the bill details the procedures for loan repayment requests, including the necessary documentation and the timeline for submissions. It establishes a fund within the State Treasury to support the program, with provisions for record retention and rulemaking by the Department of Health to ensure proper administration. The maximum loan repayment amount is capped at $50,000 over a ten-year period, with annual payments not exceeding 10% of the total loan amount. The program is contingent upon available funding, and if funds are insufficient, there is no obligation to administer the program.
Statutes affected: Introduced Version: 16-5EE-1, 16-5EE-2, 16-5EE-3, 16-5EE-4, 16-5EE-5, 16-5EE-6, 16-5EE-7, 16-5EE-8