Rules & Regulations of the State of Tennessee
Title 1640 - Student Assistance Corporation
Chapter 1640-01-20 - Tennessee Math and Science Teacher Loan Forgiveness Program
Section 1640-01-20-.01 - INTRODUCTION

(1) These rules implement the Tennessee Math & Science Teacher Loan Forgiveness Program authorized in T.C.A., Title 49, Chapter 4, Part 9 as amended by 2006 Tennessee Public Acts, Chapter 977 (hereinafter called the Act). The Act makes provision for loans and loan forgiveness to Tennessee tenured public school teachers seeking an advanced degree in math or science, or a certification to teach math or science. Loan forgiveness requires employment in a Tennessee public school system upon completion of the program.

(2) While the Act refers to the program as the "HOPE teacher's scholarship," the Corporation interprets the Act as establishing a loan forgiveness program because the Act requires the recipient to sign a promissory note that stipulates a repayment obligation under certain circumstances. In order to avoid confusion, the working title of the program shall be the "Tennessee Math & Science Teacher Loan Forgiveness Program."