Definitions

1. "Acceptable loan" means an educational loan to a nurse or an individual training to become a nurse under the long-term care nursing scholarship and loan repayment grant program which is made by a bank, credit union, savings and loan association, insurance company, accredited school, government, or other fiscal or credit institution in its capacity as lender and in which the lender is subject to examination and supervision by an agency of the United States or the state in which the lender has its principal place of business. 2. "Applicant" means a licensed nursing facility seeking a grant for nursing education scholarships or loan repayments to nurses and other nursing facility staff employed or recruited by and employed or under contract with the applicant. 3. "Council" means the state health council. 4. "Department" means the state department of health. 5. "Eligible nurse loan repayment applicant" means a nurse who is licensed or registered to practice by the North Dakota board of nursing and is employed or recruited by and under contract with a nursing facility. 6. "Eligible scholarship applicant" means an individual enrolled in an accredited school of nursing approved by the North Dakota board of nursing, pursuing a nursing degree, and who is employed or recruited by and under contract with a nursing facility. 7. "Nurse" has the meaning set forth in North Dakota Century Code section 43-12.1-02. 8. "Nursing facility" has the meaning set forth in North Dakota Century Code section 50-30-01.