1640-01-03-.01
Introduction
Cite as Tenn. Comp. R. & Regs. 1640-01-03-.01
(1)
These rules implement the Tennessee Graduate Nursing Loan Forgiveness Program author-
ized in T.C.A. §49-4-702 in 2006 Public Acts, Chapter 882 (hereinafter called the Act). The
Act makes provision for loans and loan forgiveness to certain candidates for master’s and
post-master’s degrees in nursing education. Loan forgiveness requires employment as a
teacher or administrator in a Tennessee nursing education program at an eligible postsec-
ondary institution upon completion of the program of study.
(2)
While the Act refers to the program as a “loan-scholarship,” the Tennessee Student Assis-
tance Corporation interprets the Act as establishing a loan forgiveness program because the
Act requires the recipient to sign a promissory note that stipulates a repayment obligation.
To avoid confusion, the working title of the program shall be the “Tennessee Graduate Nurs-
ing Loan Forgiveness Program.