N.J. Admin. Code § 9A:10-2.11

Current through Register Vol. 56, No. 24, December 18, 2024

Section 9A:10-2.11 - Waiting list for eligible applicants if program funds are exhausted

(a) In the event program funds are exhausted in a given fiscal year, eligible applicants will be placed on a waiting list for loan redemption in the date order in which the Authority received their applications.

(b) If program funds become available in a given fiscal year, the next eligible applicant on the waiting list will be notified of the availability of said funds and his or her potential eligibility for program participation.

(c) If program funds do not become available in a given fiscal year, eligible applicants on the waiting list will carry over to the next fiscal year for potential eligibility for program participation, subject to program funding.

(d) While an applicant may change employment in a qualified position or to another qualified facility or agency, he or she must be continuously employed as a full-time direct care professional by a qualified facility or agency to remain on the waiting list.

(e) When an eligible applicant on the waiting list is notified of his or her potential eligibility for program participation, the applicant shall submit certification of continuous full-time employment as a direct care professional by a qualified facility or agency to the Student Loan Office.

N.J. Admin. Code § 9A:10-2.11

Amended by R.2009 d.180, effective 6/1/2009.
See: 40 N.J.R. 6721(b), 41 N.J.R. 2261(a).
In (e), substituted "Student Loan Office" for "Director of Financial Aid Services".