Tenn. Comp. R. & Regs. 1640-01-03-.08 - DEFERMENT
(1) Repayment shall be deferred, but interest
shall continue to accrue, while the recipient is employed in a Tennessee
nursing education program in a teaching or administrative capacity.
(2) Repayment shall be deferred, but interest
shall continue to accrue, while the student is seeking the post-master's degree
after first receiving the loan to obtain their master's degree.
(3) Repayment shall be deferred if the
recipient is unable to make payments due to financial, medical, or personal
circumstances beyond the recipient's control, or other extenuating
circumstances approved by the Associate Executive Director for Grant and
Scholarship Programs. Such period of hardship shall not exceed two (2)
years.
(4) For repayment to be
deferred, recipients shall provide employment verification as required by
TSAC.
Notes
Authority: T.C.A. ยงยง 49-4-201, 49-4-203, 49-4-204, and 49-4-702.
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