Bill summaries are authored by CRS.

Shown Here:
Passed Senate amended (10/03/2002)

Pharmacy Education Aid Act of 2002 - Amends the Public Health Service Act to permit payments of up to $35,000 on behalf of an individual (a "recipient") for the repayment of pharmacy education loans for each year the recipient serves in a health care facility with a critical shortage of pharmacists.

Directs the Secretary of Health and Human Services to make payments to recipients to offset tax liability. Establishes reporting requirements.

Requires repayment to the Federal Government by recipients who fail to maintain acceptable levels of academic standing, are dismissed for disciplinary reasons, voluntarily terminate their programs, or fail to provide health services in accordance with their commitments after their academic program is completed. Permits a waiver of liability under specified circumstances. Authorizes appropriations.

Authorizes the Secretary, acting through the Administrator of the Health Resources and Services Administration, to establish student loan programs to increase the number of faculty at schools of pharmacy. Directs each school in which such a program is established to pay at least one-ninth of the Federal capital contributions. Caps loans from such programs to individual students at $30,000 annually. Requires, upon completion of specified employment requirements as a faculty member, that an amount up to 85 percent of loans (plus interest thereon) from such a program be canceled, with the Federal Government reimbursing the school for its proportionate share of the canceled amount.

Authorizes the Secretary to award grants or contracts to qualifying pharmacy schools for computer-based pharmaceutical education systems.

Authorizes appropriations.