Summary
(This measure has not been amended since it was reported to the Senate on November 6, 2003. The summary of that version is repeated here.)
Pharmacy Education Aid Act of 2003 - (Sec. 3) Amends the Public Health Service Act to authorize the Secretary of Health and Human Services (HHS) to make payments of up to $35,000 on behalf of a qualifying individual with a baccalaureate or doctorate pharmacy degree and a license to practice for the repayment of pharmacy education loans for each year (two-year minimum) that the individual serves in a health care facility with a critical shortage of pharmacists.
Provides for: (1) additional tax liability payments; (2) financial need preference; (3) Federal repayment by an individual who fails to provide the required health services, unless otherwise waived by the Secretary; and (4) a program report within five years of enactment of this Act.
Authorizes FY 2004 through 2008 appropriations.
Directs the Secretary to make payments of up to $35,000 on behalf of a qualifying individual with a baccalaureate or doctorate pharmacy degree or in the final year of such study for the repayment of pharmacy educational loans for each year (two-year minimum) that such person serves as a faculty member at a school of pharmacy which provides assistance to: (1) medically underserved areas; (2) prisons; (3) veterans or the armed forces; (4) the Indian Health Service; or (5) a disproportionate share hospital under the Social Security Act. States that such payments shall be in addition to regular faculty compensation.
Authorizes FY 2004 through 2008 appropriations.
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