Rule 268-10-3-.10 - Reinstatement After TerminationA school or lender whose eligibility for participation in the GHEAC program has been terminated may file, no sooner than 18 months after the effective date of its termination, a request for reinstatement of its eligibility. The procedures for such a request are as follows:
(a) The request must be in writing and: 1. State what the school or lender has done to correct the deficiencies on which the termination was based;2. Substantiate that the school or lender meets all other qualifications for eligibility.(b) Within 60 days of receiving a reinstatement request, GHEAC will grant the request, deny the request, or grant the request subject to 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) A school whose eligibility for participation has been terminated both as a school and as a lender may not be reinstated as a lender until it has been reinstated as a participating school. However, the school may request reinstatement as both a school and a lender at the same time.(e) A school or lender whose eligibility to participate in the GHEAC program is reinstated subject to limitations may participate in the program, subject to the limitations, pending a decision by GHEAC on any request under this section.Ga. Comp. R. & Regs. R. 268-10-3-.10
Ga. L. 1987 p.564 (Ga. Code Ann. 20-3-266).
ER 268-10.3 -0.3-.10 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 "Reinstatement After Termination" adopted. F. Nov. 20, 1992; eff. Dec. 10, 1992.