106 STAT. 2026 PUBLIC LAW 102-408—OCT. 13, 1992 "(i) the school will, for each year for which the individual will serve as a member of the facility under the contract with the school, make pa3naients of the principal and interest due on the educational loans of the individual for such year in an amount equal to the amount of such pa3maents made by the Secretary for the year; and "(ii) the payments made by the school pursuant to clause (i) on behalf of the individual will be in addition to the pay that the individual would otherwise receive for serving as a member of such faculty. "(6) WAIVER REGARDING SCHOOL CONTRIBUTIONS.— The Secretary may waive the requirement established in paragraph (5)(B) if the Secretary determines that the requirement will impose an imdue financial hardship on the school involved. If the Secretary grants such a waiver, paragraph (4) shall not apply with respect to the individual involved. "(7) APPLICABILITY OF CERTAIN PROVISIONS. —The provisions of sections 338B, 3380, and 338E shall apply to the program established in paragraph (1) to the same extent and in the same manner as such provisions apply to the National Health Service Corps Loan Repayment Program established in subpart III of part D of title III, including the applicability of provisions regarding reimbursements for increased tax liability and regarding bankruptcy, " (b) FELLOWSHIPS. — "(1) IN GENERAL. —The Secretary may make grants to and enter into contracts with schools of medicine, osteopathic medicine, dentistry, veterinary medicine, optometry, podiatric medicine, pharmacy, public health, health administration, clinical psychology, and other public or private nonprofit health or educational entities of the type described in section 799, to assist such schools in increasing the number of underrepresented minority faculty members at such schools.
- (2) APPLICATIONS.— To be eligible to receive a grant or
contract under this subsection, a school shall prepare and submit to the Secretary an application at such time, in such manner, and containing such information as the Secretary may reqmre, including an assurance that— "(A) amounts received under such a grant or contract will be used to award a fellowship to an individual only if— (i) the individual has not been a member of the faculty of any school at any time during the 18-month period preceding the date on which the individual submits a request for the fellowship; and (ii) the individual meets the requirements of paragraphs (3) and (4); and "(B) each fellowship awarded pursuant to the grant or contract will include a stipend in an amount not exceeding 50 percent of the regular salary of a similar faculty member, or $30,000, whichever is less. "(3) ELIGIBILITY.— To be eligible to receive a grant or contract under paragraph (1), an applicant shall demonstrate to the Secretary that such applicant has or will have the ability to—
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