Tenn. Comp. R. & Regs. 1640-01-21-.08 - DEFERMENT

(1) Deferments must be verified on a semi-annual basis. If requested, supporting documentation shall be provided to TSAC by the borrower. The borrower may be granted a deferment based on any of the following reasons:

(a) "Active duty service" in which the borrower is a member of the United States armed forces or mobilization as a member of the reserve components, but such period shall not exceed six (6) years.

(b) "Enrollment not seeking licensure" in which the borrower is still enrolled in an eligible postsecondary institution but is no longer enrolled in a program of study as described in the Act, but such period shall not exceed five (5) years or no later than spring 2013.

(c) "Enrollment seeking licensure" in which the borrower has not yet completed the requirements for the program of study and is enrolled at least full-time and making satisfactory progress at an eligible postsecondary institution, but such period shall not exceed five (5) years or no later than spring 2013.

(d) "Hardship" in which the borrower is not able to make payments, but such period shall not exceed two (2) years.

(e) "Period of training" in which the borrower is required to participate in for licensure as defined by the Department of Health, Office of Rural Health, including, but not limited to internship or residency.

Notes

Tenn. Comp. R. & Regs. 1640-01-21-.08

Public necessity rule filed October 23, 2008; effective through April 6, 2009. Public necessity rule filed October 23, 2008; effective through April 6, 2009. Public necessity rule filed October 23, 2008 and effective through April 6, 2009, expired on April 7, 2009; rule reverted to its previous status. Original rule filed January 30, 2009; effective May 29, 2009.

Authority: §§ 49-4-201, 49-4-902, 49-4-924, and 49-4-939.