Wisconsin Administrative Code
Higher Educational Aids Board
Chapter HEA 11 - Minority teacher loan program
Section HEA 11.08 - Deferment of loan repayment for borrowers

(1) Borrowers who return to school on a full-time basis in any course of study at an accredited institution shall be deferred by the board from repayment for the period of enrollment.

(2) Borrowers who enter the military on active duty shall be deferred by the board from repayment for up to 3 years. Students on national guard or on reserve duty for training are not eligible for deferment.

(3) Borrowers who enter the peace corps or vista, shall be deferred by the board from repayment for up to 3 years. Employment with similar private agencies is not eligible for deferment unless the agencies are federally tax exempt.

(4) Borrowers who are unemployed may be deferred from repayment by the board for up to 6 months at a time as long as they provide proof, satisfactory to the board, of actively seeking employment.

(5) The board shall defer borrowers from repayment for up to a year due to pregnancy, childbirth, or the legal adoption of a child.

(6) The board may grant forbearance from repayment for the benefit of the borrower. Forbearance means an extension of time for making loan payments or the acceptance of smaller payments than were previously scheduled. The board may grant forbearance whenever unemployment, health, other personal problems, or educational study that is ineligible for deferment temporarily affects the borrower's ability to make scheduled payments on the loan. Periods of forbearance shall not exceed 6 months for each approved request.

(7) In order to receive a deferment, a borrower shall apply to the board. If the borrower submits written evidence which verifies eligibility for the deferment, the board shall approve the deferment.