                                 CODE OF VIRGINIA

NURSING SCHOLARSHIP AND LOAN REPAYMENT FUND (§ 54.1-3011.2)

A. There is hereby established the Nursing Scholarship and Loan Repayment Fund
for the purpose of financing scholarships for (i) part-time and full-time
students enrolled in or accepted for enrollment by nursing programs which will
prepare such students, upon completion, for examination to be licensed by the
Board as practical nurses or registered nurses and (ii) those registered nurses,
licensed practical nurses, and certified nurse aides who agree to perform a
period of nursing service in a Commonwealth long-term care facility pursuant to
regulations promulgated by the Board of Health in cooperation with the Board.

B. The Fund shall be administered by the Board, in cooperation with the Director
of the Department, and the scholarships shall be administered and awarded by the
Board of Health pursuant to § 32.1-122.6:01. The Fund shall be maintained and
administered separately from any other program or funds of the Board and the
Department of Health Professions. No portion of the Fund shall be used for a
purpose other than that described in this section and § 32.1-122.6:01. Any
money remaining in the Fund at the end of a biennium, including amounts repaid
by award recipients, and any interest thereon, shall not revert to the general
fund or the funds of the Department of Health Professions, but shall remain in
the Fund to be used only for the purposes of this section. In addition to any
licensure fees that may be collected pursuant to § 54.1-3011.1, the Fund shall
also include:

   1. Any funds appropriated by the General Assembly for the purposes of the
   Fund; and

   2. Any gifts, grants, or bequests received from any private person or
   organization.
   				Upon receiving the names of the scholarship and loan repayment program
   recipients from the Board of Health, the Board of Nursing shall be responsible
   for transmitting the funds to the appropriate institution to be credited to
   the account of the recipient.

HISTORY: 1991, c. 669; 2000, cc. 240, 254; 2001, c. 188; 2002, c. 290.