PUBLIC LAW 95-215—DEC. 19, 1977
91 STAT. 1505
(b) Section 748(b)(3)(B) of such Act is amended (1) by striking 42 USC 294r, out "or" at the end of clause (iii), (2) by striking out the period at the end of clause (iv) and inserting in lieu thereof ", or" and (3) by adding after such clause the following: ^ "(v) preventive medicine or dentistry.". (c) Section 748(c) of such Act is amended (1) by striking out Appropriation "$8,000,000" and inserting in lieu thereof "$9,000,000", and (2) by authorization. striking out "$9,000,000" and inserting in lieu thereof "$10,000,000". (d) The heading for section 748 of such Act is amended to read as follows: ((PUBLIC H E A L T H TRAINEESHIPS. SEC. 4. (a) Subsection (a)(1) of section 731 of the Public Health Service Act (relating to eligibility of student borrowers and terms of federally insured student loans) is amended to read as follows: "(1) made to— "(A) a student who— " (i)(I) has been accepted for enrollment at an eligible institution, or (II) in the case of a student attending an eligible institution, is in good standing at that institution, as determined by the institution; "(ii) is or will be a full-time student (as defined in section 770(c)(2)) at the eligible institution; _ "(iii) in the case of a student in a school of medicine, osteopathy, or dentistry, has been authorized by the institution in accordance with section 739(b)(2) to receive a loan under this subpart; "(iv) has agreed that all funds received under such loan shall be used solely for tuition and other reasonable educational expenses, including fees, books, and laboratory expenses, incurred by such students; "(v) for the school year for which such loan is made, receives no funds from a loan insured under a Federal, State, or nonprofit program provided or assisted under part B o f title IV of the Higher Education Act of 1965; and "(vi) in the case of a pharmacy student, has satisfactorily completed three years of training; or "(B) an individual who— "(i) has previously had a loan insured under this subpart when the individual was a full-time student at an eligible institution; "(ii) is in a period during which, pursuant to paragraph (2), the principal amount of such previous loan need not be paid; and "(iii) has agreed that all funds received under the proposed loan shall be used solely for repayment of interest due on previous loans made under this subpart; and", (b) Subsection (a)(2) of such section is amended— (1) by inserting before the semicolon at the end of subparagraph (D) the following: ", except that the note or other written agreement may provide that payment of any interest otherwise payable (i) before the beginninsf of the repayment period, (ii) during any period described in subparagraph (C), or (iii) during
any other period of forbearance of payment of principal, may be deferred until not later than the date upon which repayment of
42 USC 294d.
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42 USC 295f. 42 USC 294/.
20 USC 1071.
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Deferred interest.
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