TX HB2544

Creates a student loan repayment assistance program for nurses employed full-time at licensed long-term care facilities, including convalescent/nursing homes and continuing care facilities

Eligible nurses include advanced practice registered nurses, registered nurses, and licensed vocational nurses who have worked full-time at a qualifying facility for at least one year

Provides up to $5,000 per year in loan repayment assistance, with a maximum eligibility period of five years per nurse

Caps total program spending at $6 million per state fiscal biennium, funded through legislative appropriations, gifts, and grants

Administered by the Texas Higher Education Coordinating Board, which may use up to 3% of appropriated funds for administrative costs; program implementation contingent on specific legislative funding