048-2 Wyo. Code R. § 2-11

Current through April 27, 2019
Section 2-11 - Loan Repayment Grant Breach, Repayment, and Penalties

(a) A loan repayment grant recipient under the act who fails to complete the service obligation shall repay:

  • (i) The total amount of the loan repayment grant according to a schedule established by the contract agreement with the Department; and
  • (ii) Costs and expenses incurred in collection, including attorney fees.

(b) The amount to be paid back shall be determined from the end of the month in which the loan repayment grant recipient breached the contract agreement as if the recipient had breached at the end of the month.

(c) Amounts recovered and damages collected under this section shall be deposited as dedicated credits to be used to carry out the provisions of the Act.

048-2 Wyo. Code R. § 2-11