Deferment

(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.