Mich. Admin. Code R. 390.1635 - Total and permanent disability of student; effect
Rule 15.
(1) If a
student is determined to be totally and permanently disabled, then the
remaining loan balance shall be canceled.
(2) The student or another party shall
provide documentation of the total and permanent disability which is
satisfactory to the authority.
(3)
A student is not considered totally and permanently disabled on the basis of a
condition that existed before he or she applied for the loan, unless the
student's condition has substantially deteriorated since submission of the loan
application so as to render the student totally and permanently
disabled.
(4) The authority shall
cease collection on a loan after the authority determines that the student is
totally and permanently disabled.
(5) Payments paid after the date the student
became totally and permanently disabled shall be returned to the
sender.
Notes
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