Pursuant to Acts 2021, No. 282, the following rules for Arkansas Rehabilitation Services Forgiveness of Student Loan Program management will apply:
- (1) Individuals may submit an application for eligibility once per state fiscal year;
(2)
- (A) Each subsequent application must include all documents required to demonstrate eligibility.
- (B) However, subsequent applications may refer to documents submitted with the original, approved application regarding the individual’s degree in the field of vocational rehabilitation; and
(3)
- (A) In all events, eligible participants must recertify their loan payoff amounts within thirty (30) days of a payment coming due.
- (B) For example, an individual whose application was approved on August 1 of State Fiscal Year 2022 must submit a current loan payoff amount thirty (30) days prior to August 1 of State Fiscal Year 2024.
- (C) Program staff will send a written reminder of this requirement to eligible participants at least sixty (60) days before a payment comes due.