Eligibility for loans

20-A M.R.S. § 12003, under Chapter 423.

20-A M.R.S. § 12003

An applicant shall be eligible for a loan under this chapter when the chief executive officer, after consultation with the executive committee of the Maine Osteopathic Association, finds that the applicant: [PL 1989, c. 698, §29 (AMD); PL 1989, c. 698, §76 (AFF).]

1. Residency. Has been a resident of this State for a minimum of 3 years at any time prior to application;

2. Qualifications. Is attending or will immediately attend an osteopathic college or university accredited by the American Osteopathic Association;

3. Financial resources. Will, in the absence of a loan, be deterred by financial considerations from beginning or completing a course of study at an osteopathic college or university; and

4. Return to Maine. Shows a genuine interest in returning to this State to practice osteopathic medicine.