Nev. Admin. Code § 397.050 - Petition for extension for repayment of loan or stipend because of hardship
1. To apply for an extension of the period
for the repayment of a stipend that is converted to a loan pursuant to
NRS
397.0645, a participant must submit a
petition to the Commission in writing not later than 120 days after the date on
which default on the repayment occurs. The petition must contain the reasons
and any supporting documentation for requesting the extension.
2. The Commission will grant an extension for
good cause, including, without limitation:
(a)
Military service;
(b) Service in
the Peace Corps or the AmeriCorps VISTA program;
(c) Participation in the National Health
Service Corps Scholarship Program;
(d) Continuation of education in the
petitioner's field of study or specialization;
(e) Interruption of study due to financial
hardship;
(f) Illness;
(g) Failure to fulfill any professional
licensing requirement; or
(h) Any
other circumstance deemed appropriate by the Commission.
3. If the Commission denies a petition
submitted pursuant to this section, the petitioner may appeal to the Commission
by submitting a request for an appeal in writing not later than 10 days after
his or her receipt of the notice of denial.
Notes
NRS 397.020, 397.030, 397.040, 397.0645
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1. To apply for an extension of the period for the repayment of a stipend that is converted to a loan pursuant to NRS 397.0645, a participant must submit a petition to the Commission in writing not later than 120 days after the date on which default on the repayment occurs. The petition must contain the reasons and any supporting documentation for requesting the extension.
2. The Commission will grant an extension for good cause, including, without limitation:
(a) Military service;
(b) Service in the Peace Corps or the AmeriCorps VISTA program;
(c) Participation in the National Health Service Corps Scholarship Program;
(d) Continuation of education in the petitioner's field of study or specialization;
(e) Interruption of study due to financial hardship;
(f) Illness;
(g) Failure to fulfill any professional licensing requirement; or
(h) Any other circumstance deemed appropriate by the Commission.
3. If the Commission denies a petition submitted pursuant to this section, the petitioner may appeal to the Commission by submitting a request for an appeal in writing not later than 10 days after his or her receipt of the notice of denial.
Notes
NRS 397.020, 397.030, 397.040, 397.0645