Sec. 1101. Federally supported student loan funds for medical students
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Subpart II of part A of the Public Health Service Act ( 42 U.S.C. 292q et seq. ) is amended— by redesignating section 735 as section 729; and in subsection
(f)of section 729 (as so redesignated), by striking is authorized to be appropriated $10,000,000 for each of the fiscal years 1994 through 1996 and inserting are authorized to be appropriated such sums as may be necessary for fiscal year 2014 and each fiscal year thereafter . Part A of title VII of the Public Health Service Act ( 42 U.S.C. 292 et seq. ) is amended by adding at the end the following: For the purpose described in subsection (b), the Secretary is authorized to enter into an agreement for the establishment and operation of a student loan fund with any public or nonprofit school of medicine or osteopathic medicine. The purpose of this subpart is to provide for loans to medical students who would be eligible for a loan under subpart II, except for the student’s decision to enter a residency training program in a field other than primary health care. The repayment period for a loan under this section shall not begin before the end of any period during which the student is participating in an internship, residency, or fellowship training program directly related to the field of medicine which the student agrees to enter pursuant to subsection (d). Each agreement under this section for the establishment of a student loan fund shall provide that the school of medicine or osteopathic medicine will make a loan to a student from such fund only if the student agrees— to enter and complete a residency training program (in a field of medicine other than primary health care) not later than a period determined by the Secretary to be reasonable after the date on which the student graduates from such school; and to practice medicine through the date on which the loan is repaid in full. The provisions of section 723(b) (regarding graduates in primary health care) shall not apply to a student loan fund established under this section. Except as inconsistent with this section, the provisions of subpart II shall apply to the program of student loan funds established under this section to the same extent and in the same manner as such provisions apply to the program of student loan funds established under subpart II. To carry out this section, there are authorized to be appropriated such sums as may be necessary for fiscal year 2014 and each fiscal year thereafter. .
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