Ga. Comp. R. & Regs. 268-10-3-.09

Current through Rules and Regulations filed through November 21, 2024
Rule 268-10-3-.09 - Removal of Limitations

If GHEAC does not set a time for the expiration of a limitation imposed on a school or lender, the school or lender may request removal of any limitation imposed under these procedures anytime more than 12 months after the effective date of the limitation. Procedures for such request are as follows:

(a) The request must be in writing and state what the school or lender has done to correct the deficiencies on which the limitation was based.
(b) Within 30 days of receiving such a request, GHEAC will grant the request, deny the request, or grant the request subject to other limitations.
(c) If GHEAC denies the request or establishes other limitations, the school or lender, if it so requests, will be given an opportunity to show why the limitations should be removed.
(d) Pending any request under this Section, the school or lender may continue to participate in the GHEAC programs, subject to the limitations.

Ga. Comp. R. & Regs. R. 268-10-3-.09

Ga. L. 1987, p. 564 (Ga. Code Ann. 20-3-266).

ER 268-10-3-0.3-.09 was F. Aug. 31, 1992; eff. Aug. 27, 1992, the date of adoption, to remain in effect for a period of 120 days or until the effective date of a permanent Rule covering the same subject matter superseding said ER, as specified by the Agency.
Amended: Permanent Rule entitled "Removal of Limitations" adopted. F. Nov. 20, 1992; eff. Dec. 10, 1992.