WV HB3150

Increases maximum Medical Student Loan Program awards from $10,000 annually to up to $20,000 per academic year, with service commitment measured in years rather than months of full-time practice in underserved areas

Expands eligibility for medical student loans to include all students charged in-state tuition, replacing the previous requirement of one year of West Virginia residency prior to application

Replaces the Health Sciences Service Program with a Loan Repayment Program, requiring the Higher Education Policy Commission to pay awards directly to participants' federal student loan servicers upon completion of service agreements

Continues the Mental Health Provider Student Loan Repayment Program offering up to $30,000 ($10,000 per year for up to three years) for mental health providers practicing in underserved West Virginia areas

Removes provisions that tied professional license renewal to loan repayment status and extends the repayment period for defaulted loans to a maximum of ten years