Current through November 25, 2024
Section HEA 10.07 - Deferment of grant repayment for students(1) Students who return to school on at least a half-time basis in any course of study at an accredited institution in any state shall be deferred by the board from repayment for the period of enrollment.(2) Students who enter the military on active duty shall be deferred by the board from repayment for up to 3 years. Students in the national guard or on reserve duty are not eligible for deferment when the duty is for training purposes.(3) Students who enter the national health service, peace corps or vista, shall be deferred by the board from repayment for up to 3 years. Employment with similar private agencies is not eligible for deferment unless the agencies are federally tax exempt.(4) Students who are unemployed shall be deferred from repayment by the board for up to 6 months at a time, as long as they provide proof satisfactory to the board that they are actively seeking employment.(5) The board shall defer students from repayment for up to 12 months due to pregnancy and childbirth, and including the legal adoption of a child.(6) The board shall grant forbearance from repayment for the benefit of the student. Forbearance means an extension of time for making grant payments or the acceptance of smaller payments than were previously scheduled. The board may grant forbearance whenever unemployment, health, other personal problems, or academic study that is ineligible for deferment temporarily affects the student's ability to make scheduled payments on the grant.(7) In order to receive any deferment, a student shall apply to the board. If the student submits written evidence that verifies eligibility for the deferment, the board shall approve the deferment including the amount of time for which the student is determined to be deferrable from repayment.Wis. Admin. Code Higher Educational Aids Board HEA 10.07
Cr. Register, April, 1992, No. 436, eff. 5-1-92.