(a) If an Eligible Individual has obtained forbearance on a qualified student loan, AmeriCorps will make payments from the National Service Trust for interest that has accrued on that student loan during the individual's term of service, after:

1. (1) The program verifies that the Eligible Individual has successfully completed the term of service and the dates when the term of service began and ended;
2. (2) The holder of the loan verifies the amount of interest that has accrued during the term of service.