TO: | Honorable Jane Nelson, Chair, Senate Committee on Health & Human Services |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | SB31 by Nelson (Relating to the creation and administration of the rural physician training scholarship program.), As Introduced |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2008 | ($1,752,567) |
2009 | ($1,682,727) |
2010 | ($1,682,727) |
2011 | ($1,682,727) |
2012 | ($1,682,727) |
Fiscal Year | Probable Savings/(Cost) from GENERAL REVENUE FUND 1 |
---|---|
2008 | ($1,752,567) |
2009 | ($1,682,727) |
2010 | ($1,682,727) |
2011 | ($1,682,727) |
2012 | ($1,682,727) |
Fiscal Year | Change in Number of State Employees from FY 2007 |
---|---|
2008 | 1.0 |
2009 | 1.0 |
2010 | 1.0 |
2011 | 1.0 |
2012 | 1.0 |
The Higher Education Coordinating Board estimates there are four medical schools whose students are likely candidates for these forgiveness loans: the Texas A&M University Health Science Center, the University of North Texas Health Science Center, the Texas Tech Health Science Center and the University of Texas Health Science Center at San Antonio. Total estimated enrollment for these medical schools is 2,190. The Coordinating Board has estimated that 10% or 219 medical students would have the loans forgiven. The estimated scholarship award is $7,500 per student, resulting in a estimated general revenue cost per year of $1,642,500.
The agency would also need to hire a Program Technician VI at a cost (salary and benefits) of $40,227 per year.
Source Agencies: | 781 Higher Education Coordinating Board
|
LBB Staff: | JOB, CL, RT, GO
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