- (1) Repayment shall be deferred, but interest shall continue to accrue, while the recipient is em- ployed in a Tennessee nursing education program in a teaching or administrative capacity.
- (2) Repayment shall be deferred, but interest shall continue to accrue, while the student is seeking the post-master’s degree after first receiving the loan to obtain their master’s de- gree.
- (3) Repayment shall be deferred if the recipient is unable to make payments due to financial, medical, or personal circumstances beyond the recipient’s control, or other extenuating cir- cumstances approved by the Associate Executive Director for Grant and Scholarship Pro- grams. Such period of hardship shall not exceed two (2) years.
- (4) For repayment to be deferred, recipients shall provide employment verification as required by TSAC.
Authority: T.C.A. §§ 49-4-201, 49-4-203, 49-4-204, and 49-4-702. Administrative History: Original rule filed January 23, 1976; effective April 15, 1976. Amendment filed March 18, 1977; effective April 18, 1977. Repeal and new rule filed as a public necessity rule on December 11, 2006; effective through May 25, 2007. Original rule filed December 11, 2006; effective April 30, 2007. Repeal and new rule filed March 1, 2013; effective August 29, 2013.