W. Va. Code R. § 133-58-11

Current through Register Vol. XLI, No. 50, December 13, 2024
Section 133-58-11 - Deferment
11.1. To be eligible for a deferment, a recipient must apply for and receive approval from the Vice Chancellor for Administration. The Vice Chancellor may grant a deferment to a recipient for periods of documented enrollment and attendance as a regular student in a full-time course of study at an accredited institution of higher education or for periods of documented active duty service as a member of the armed services of the United States; Provided, That the period of deferment shall not exceed four years. The Vice Chancellor may also grant a deferment to a recipient who fails a licensure examination on the first attempt; Provided, That the period of deferment shall not exceed six months from the recipient's graduation date. The Vice Chancellor may also grant deferments for other extenuating circumstances including documented disability, unemployment, or other economic hardship; Provided, That any deferment granted by the Vice Chancellor shall be limited to no more than two years.
11.2. If the Vice Chancellor for Administration approves the deferment request, a recipient may defer making scheduled installment payments and shall not be liable for any interest that might otherwise accrue during any approved deferment period.
11.3. In the event of non-compliance with the deferment terms, the recipient shall repay the full scholarship award to the Commission within 60 days from the date of non-compliance.

W. Va. Code R. § 133-58-11