A bill for an act relating to loan repayments made by the college student aid commission under the mental health professional loan repayment program and including applicability provisions.(Formerly SSB 1024.)
Impact
The bill represents a significant adjustment to current law as it modifies the repayment obligations of mental health professionals. Under the existing stipulations, professionals had to repay the totality of loan amounts if they failed to meet their practice commitments. SF253 revises this requirement, instead mandating that individuals who do not fulfill their obligations will be barred from receiving further payments without necessitating full repayment of already disbursed funds. This shift is intended to retain mental health professionals within service areas without imposing an onerous repayment structure that could deter participation.
Summary
Senate File 253 is legislation aimed at amending the mental health professional loan repayment program overseen by the college student aid commission in Iowa. The bill seeks to provide financial assistance to mental health professionals who commit to practicing in eligible areas. Eligible practitioners can receive loan repayments after one year of full-time or part-time service, contingent on their terms of practice. Notably, the annual repayment is set at a maximum of $8,000, or may reflect the remaining loan balance, which aims to ease the financial burdens on those serving in mental health capacities.
Contention
While the bill has gained support for its potential to enhance recruitment and retention of mental health workers, concerns have been raised about its long-term viability and efficacy in addressing mental health needs. Advocates highlight its importance in preventing barriers to entry for newcomers to the field, especially in underserved communities. Critics may question whether the financial incentives provided through loan repayment will be sufficient to combat the broader issues facing the mental health profession, including work-related stress and insufficient resources.
Notable_points
Recently reviewed in committee discussions, SF253 received unanimous support in a Senate vote, indicating a strong recognition of the need to support individuals in the mental health profession, particularly in light of increasing demand for mental health services. Overall, the bill not only reflects an investment in workforce development within a growing sector but also demonstrates a legislative commitment to improving access to mental health resources across Iowa.
Similar To
A bill for an act relating to loan repayments made by the college student aid commission under the mental health professional loan repayment program and including applicability provisions.(Formerly HSB 47.)
Related
A bill for an act relating to loan repayments made by the college student aid commission under the mental health professional loan repayment program and including applicability provisions.(See SF 253.)
Related
A bill for an act relating to loan repayments made by the college student aid commission under the mental health professional loan repayment program and including applicability provisions.(See HF 244.)
A bill for an act relating to loan repayments made by the college student aid commission under the mental health professional loan repayment program and including applicability provisions.(Formerly HSB 47.)
A bill for an act relating to loan repayments made by the college student aid commission under the mental health professional loan repayment program and including applicability provisions.(See SF 253.)
A bill for an act relating to loan repayments made by the college student aid commission under the mental health professional loan repayment program and including applicability provisions.(See HF 244.)
A bill for an act relating to individuals who fail to fulfill the obligation to engage in practice in a service commitment area under the rural Iowa primary care loan repayment program and including applicability provisions.(Formerly SSB 1025.)
A bill for an act relating to individuals who fail to fulfill the obligation to engage in practice in a service commitment area under the rural Iowa primary care loan repayment program and including applicability provisions.(See SF 249.)
A bill for an act relating to individuals who fail to fulfill the obligation to engage in practice in a service commitment area under the rural Iowa primary care loan repayment program and including applicability provisions.
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