California Code of Regulations › Title 5 - Education › Division 4 - California Student Aid Commission › Chapter 1 - California Student Aid Commission › Article 17 - State Nursing Assumption Program of Loans for Education for Nursing Faculty (SNAPLE-NF) › Section 30916 - Failure to Comply with the Loan Assumption Agreement

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) Except as otherwise specified in subsections
				  (b) and (c), a program participant who fails to meet the requirements for payment
				  pursuant to the terms of the loan assumption agreement, including failure to
				  maintain half-time enrollment or satisfactory academic progress while attending an
				  accredited college or university or failure to complete a minimum of three
				  consecutive academic years of teaching in nursing at one or more regionally
				  accredited California colleges or universities on a full-time basis, or the
				  equivalent on a part-time basis, will not qualify for loan payment. The loan
				  assumption agreement shall be deemed terminated, and the Commission shall not make
				  any further payments. The participant shall retain responsibility to continue to
				  make any payments required for any remaining loan obligations under the terms of any
				  outstanding loans to avoid defaulting on those loans but shall not be required to
				  repay any loan payments previously made through the program.
(b) If a program participant is unable to complete
				  one of the three consecutive academic years of teaching nursing at one or more
				  regionally accredited California colleges or universities on a full-time basis, or
				  the equivalent on a part-time basis, due to serious illness, pregnancy, or other
				  natural causes, the term of the loan assumption agreement shall be extended for a
				  period not to exceed one academic year. The Commission shall make no further
				  payments under the loan assumption agreement until the applicable teaching
				  requirements specified have been satisfied. The program participant shall retain
				  responsibility to continue to make any payments required under the terms of any
				  outstanding loans to avoid defaulting on those loans.
(c) If a natural disaster prevents a program
				  participant from completing one of the required academic years of teaching service
				  due to the interruption of instruction at the employing regionally accredited
				  California college or university, the term of the loan assumption agreement shall be
				  extended for the period of time equal to the period from the interruption of
				  instruction at the employing regionally accredited California college or university
				  to the resumption of instruction. The Commission shall make no further payments
				  under the loan assumption agreement until the applicable teaching requirements have
				  been satisfied. The program participant shall retain responsibility to continue to
				  make any payments required under the terms of any outstanding loans to avoid
				  defaulting on those loans.
1. New section
					 filed 5-7-2007; operative 5-7-2007 pursuant to Government Code section
					 11343.4
					 (Register 2007, No. 19).
2. Amendment of subsection (a) filed 6-10-2008;
					 operative 6-10-2008 pursuant to Government Code section
					 11343.4
					 (Register 2008, No. 24).
Note: Authority cited: Section
						70106, Education
						Code. Reference: Sections
						70101,
						70102,
						70103 and
						70104, Education
						Code.