CM-9 State Mandated Scholarship Program
Pursuant to La. R.S. 46:1151, et sea., and the resolution of the Board of Supervisors passed on August 20, 1993, the following committee is hereby appointed to implement application procedures and academic requirements for the scholarship program established by the above referenced statutes and resolution:
The Dean and Associate Dean of the School of Allied Health shall serve as ax-officio non-voting members of the committee.
Scholarships shall be awarded as stipulated in the above referenced Board of Supervisors resolution and in the statutes relating hereto. The committee shall develop application procedures and specific academic requirements for the scholarship program. For each $1,000 of scholarship money received from the University, a recipient shall be obligated to work for the LSU Health Sciences Center in Shreveport full-time for a period of six months, up to a total not to exceed thirty-six (36) months of full-time work as consideration for the scholarship awarded.
All contracts between the Board of Supervisors and a student pursuant to this Chancellors Memorandum shall contain the following provisions:
If Recipient fails to comply with any provisions set forth herein, he shall remit to University that amount which bears the same ratio to the aggregate of the amount of the scholarship award as the number of months that Recipient failed to comply with this Agreement bears to the number of months he was obligated to comply. The amount shall be computed together with interest at the legal rate, such interest to be computed from the date on which Recipient graduated from the program, and active military service, if any. Such repayment shall be completed within six (6) years from the date at which the amount owing by Recipient to University began to draw interest.
Upon the permanent withdrawal or dismissal of Recipient from the Allied Health program at the LSU Health Sciences Center in Shreveport prior to graduation, Recipient shall forfeit immediately the right of Recipient to retain the scholarship. In that event, Recipient shall remit to University the full amount of money received by Recipient hereunder to the date of withdrawal or dismissal. The amount due and owing by Recipient to University hereunder shall begin to bear interest at the legal rate from the point of withdrawal or dismissal, and repayment shall be made to University and completed within six (6) years from date of the withdrawal or dismissal.
If Recipient fails to begin work for University at the University Hospital in Shreveport within 30 days of the date of his graduation from the program, he shall begin repayment within one (1) year after completion of graduation of all amounts received by him pursuant to this Agreement, together with interest at the legal rate to be computed from the date of graduation. Repayment shall be made to University and completed within six (6) years from the date of the first payment pursuant to this paragraph.
Upon default on payment of the scholarship amounts by Recipient to University as herein provided, University may turn this matter over to an attorney for prosecution to bring suit for the amount due and owing, which suit may be brought in the parish of the domicile of Recipient, in Caddo Parish, or in East Baton Rouge Parish.
Acceptance of the scholarship by Recipient does not obligate University to employ Recipient. If a position is not available, or for any other reason University decides not to employ Recipient, repayment of the scholarship is waived.
Other provisions may be included in any such contract if they are not in conflict either with the Board resolution or the applicable statutes.
No faculty members or administrators or their children or spouses shall be eligible to receive these scholarships awarded hereunder.
Signed: John C. McDonald, M.D. Chancellor
June 1, 2001
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