Illinois Administrative Code
Title 23 - EDUCATION AND CULTURAL RESOURCES
Part 2772 - FELLOWSHIP, TRAINEESHIP AND SCHOLARSHIP PROGRAMS
Subpart C - MATHEMATICS OR SCIENCE TEACHER SCHOLARSHIP PROGRAM
Section 2772.350 - Waiver and Deferral of Repayment
Current through Register Vol. 48, No. 12, March 22, 2024
a) Any scholarship recipient who within two years of completion of the program of study has not accepted employment with an Illinois secondary school to teach mathematics or science shall refund all scholarship monies received to the State Board of Education, except that such refunding shall be waived under the following circumstances:
b) A scholarship recipient may apply for a deferral of repayment of scholarship monies by submitting a written request for deferral to the State Board of Education. The request shall be accompanied by a sworn statement of recipient's assets and liabilities. Such deferral shall be granted if the request and supporting documentation show that deferral is necessary to prevent financial hardship to the recipient. For this purpose, financial hardship shall mean the inability to meet vital financial obligations that cannot be deferred, including food bills, rent or mortgage payments, utility bills, medical bills not covered by insurance, and other debts incurred for essential living expenses. Deferrals shall not exceed two years.