Tenn. Comp. R. & Regs. 1640-01-03-.01 - INTRODUCTION

(1) These rules implement the Tennessee Graduate Nursing Loan Forgiveness Program authorized in T.C.A. § 49-4-702 in 2006 Public Acts, Chapter 882 (hereinafter called the Act). The Act makes provision for loans and loan forgiveness to certain candidates for master's and post-master's degrees in nursing education. Loan forgiveness requires employment as a teacher or administrator in a Tennessee nursing education program at an eligible postsecondary institution upon completion of the program of study.

(2) While the Act refers to the program as a "loan-scholarship," the Tennessee Student Assistance Corporation interprets the Act as establishing a loan forgiveness program because the Act requires the recipient to sign a promissory note that stipulates a repayment obligation. To avoid confusion, the working title of the program shall be the "Tennessee Graduate Nursing Loan Forgiveness Program.

Notes

Tenn. Comp. R. & Regs. 1640-01-03-.01

Original rule filed January 23, 1976; effective April 15, 1976. Amendment filed March 18, 1977; effective April 18, 1977. Repeal and new rule filed as a public necessity rule filed December 11, 2006; expires May 25, 2007. Original rule filed December 11, 2006; effective April 30, 2007. Amendment filed March 1, 2013; effective August 29, 2013.

Authority: T.C.A. §§ 49-4-201, 49-4-203, 49-4-204, 49-4-702 and 2006 Tenn. Pub. Acts Ch. 882.