1640-01-21-.08
Deferment
Cite as Tenn. Comp. R. & Regs. 1640-01-21-.08
(1)
Deferments must be verified on a semi-annual basis. If requested, supporting
documentation shall be provided to TSAC by the borrower. The borrower may be
granted a deferment based on any of the following reasons:
(a)
“Active duty service” in which the borrower is a member of the United States
armed forces or mobilization as a member of the reserve components, but
such period shall not exceed six (6) years.
(b)
“Enrollment not seeking licensure” in which the borrower is still enrolled in an
eligible postsecondary institution but is no longer enrolled in a program of study
as described in the Act, but such period shall not exceed five (5) years or no
later than spring 2013.
(c)
“Enrollment seeking licensure” in which the borrower has not yet completed the
requirements for the program of study and is enrolled at least full-time and
making satisfactory progress at an eligible postsecondary institution, but such
period shall not exceed five (5) years or no later than spring 2013.
(d)
“Hardship” in which the borrower is not able to make payments, but such
period shall not exceed two (2) years.
(e)
“Period of training” in which the borrower is required to participate in for
licensure as defined by the Department of Health, Office of Rural Health,
including, but not limited to internship or residency.