Compilation of Rules and Regulations of the State of Georgia
Department 268 - GEORGIA STUDENT FINANCE COMMISSION
Chapter 268-10
Subject 268-10-3 - LIMITATION, SUSPENSION, AND TERMINATION PROCEDURES
Rule 268-10-3-.10 - Reinstatement After Termination
Current through Rules and Regulations filed through March 20, 2024
A 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:
(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. L. 1987 p.564 (Ga. Code Ann. 20-3-266).
