Ill. Admin. Code tit. 23, § 2772.350 - Waiver and Deferral of Repayment
a) Any scholarship recipient who within two
years of completion of the program of study has not accepted employment with an
Illinois secondary school to teach mathematics or science shall refund all
scholarship monies received to the State Board of Education, except that such
refunding shall be waived under the following circumstances:
1) Due to financial conditions, no positions
to teach mathematics or science in a secondary school in Illinois within 60
miles of the teacher's residence were available within the two-year period
following the recipient's completion of the program.
2) The recipient applied for each opening for
a mathematics or science position in such schools within two years of
completion of the program but did not obtain any of these positions.
b) A scholarship recipient may
apply for a deferral of repayment of scholarship monies by submitting a written
request for deferral to the State Board of Education. The request shall be
accompanied by a sworn statement of recipient's assets and liabilities. Such
deferral shall be granted if the request and supporting documentation show that
deferral is necessary to prevent financial hardship to the recipient. For this
purpose, financial hardship shall mean the inability to meet vital financial
obligations that cannot be deferred, including food bills, rent or mortgage
payments, utility bills, medical bills not covered by insurance, and other
debts incurred for essential living expenses. Deferrals shall not exceed two
years.
Notes
Amended at 15 Ill. Reg. 17059, effective November 13, 1991
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