Tenn. Comp. R. & Regs. 1640-01-20-.02 - DEFINITIONS

(1) As used in these rules (Chapter 1640-1-20 )

(a) "Advanced Degree" means a master's degree, a doctorate, or other degree conferred by an eligible postsecondary institution upon completion of a unified program of study at the graduate level.

(b) "Corporation" means the Tennessee Student Assistance Corporation.

(c) "Eligible Postsecondary Institution" means an eligible independent postsecondary institution or an eligible public postsecondary institution.

(d) "Eligible Independent Postsecondary Institution" means:

1. An institution created by testamentary trust for which the state acts by statute as trustee and for which the governor is authorized to appoint commissioners with the advice and consent of the senate and that offers courses leading to undergraduate degrees; or

2. A Southern Association of Colleges and Schools accredited private postsecondary institution that is located in Tennessee; or

3. A private, four-year postsecondary institution that:

(i) Has been chartered in Tennessee as a not-for-profit entity for at least thirty (30) consecutive years;

(ii). Has had its primary campus domiciled in Tennessee for at least thirty (30) consecutive years;

(iii) Is accredited by an accrediting agency that is recognized by the United States Department of Education and the Council on Higher Education Accreditation;

(iv) Awards baccalaureate degrees; and

(v) As of May 1, 2005, has an articulation agreement with an institution of the state university and community college system or the University of Tennessee system.

(e) "Eligible Public Postsecondary Institution" means:

1. An institution operated by the Tennessee Board of Regents of the state university and community college system; or

2. An institution in the University of Tennessee system.

(f) "Grace period" means the three (3) month period of time which begins when the borrower either completes his or her eligible academic program or no longer meet the Math & Science Teacher Loan Forgiveness Program eligibility requirements, and during which period of time repayment is not required.

(g) "Loan forgiveness" means the partial or complete cancellation of a Math & Science Teacher Loan, as described elsewhere in these rules.

(h) "Math & Science Teacher Loan" means the scholarship referenced in T.C.A., Title 49, chapter 4, Part 9 in 2006 Public Acts, Chapter 977, § 1 at (a)(6).

(i) "Program Administrator" means the staff member of the Corporation who has been assigned administrative responsibility for the Math & Science Teacher Loan Forgiveness Program by the Corporation's Executive Director.

(j) "Satisfactory Academic Progress" means a standard of progress toward completion of the eligible academic program during which the student meets minimum academic requirements and progresses towards an advanced degree or teacher certification as required by the eligible postsecondary institution.

(k) "Science" means the study of biology, botany, chemistry, physics, zoology, geology, and other natural and physical sciences.

(l) "Teacher certificate" means a certificate to indicate the holder's qualification to teach math or science in a public school system.

(m) "Year of continuous full-time employment" means 9 to 12 months of continuous full-time employment.

Notes

Tenn. Comp. R. & Regs. 1640-01-20-.02

Public necessity rule filed November 20, 2006; effective through May 4, 2007. Original rule filed November 20, 2006; effective March 30, 2007.

Authority: 2006 Tenn. Pub. Acts, ch. 977, and T.C.A. §§ 49-4-201 and 49-4-924.