Current through Register Vol. 54, No. 37, September 14, 2024
Section 121.406 - Lottery(a) Loan forgiveness awards shall be made to the extent that funds are appropriated by the General Assembly and are sufficient to cover administration of the program. If funding is insufficient to fully fund administration and eligible applicants, the Agency shall utilize a random lottery system for determining which applicants receive loan forgiveness awards.(b) When a random lottery is required, the lottery shall include only those records that are complete and eligible in accordance with § 121.402 (relating to qualified applicant) at the time the lottery is conducted.