Alabama Code (Last Updated: November 28, 2014) |
Title16 EDUCATION. |
Chapter47. UNIVERSITY OF ALABAMA. |
Article4. University of Alabama School of Medicine. |
Division2. Scholarships. |
§16-47-125. Repayment obligation may begin immediately upon discontinuation of medical education.
Latest version.
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Any recipient who fails for any reason to continue his or her medical education may, at the discretion of the board, be required to repay all loan amounts immediately with simple interest of eight percent annually from the date of his or her departure or removal from medical school.