Deferments, Postponements, and Cancellations
(The following information can be found on the original Promissory Note signed by the borrower)
To receive a deferment, cancellation, or forbearance benefits, the borrower must make written request to the University of West Georgia and must submit to this institution any documentation the school requires to prove the eligibility of the borrower for these benefits. The borrower is responsible for submitting the appropriate requests on time, and benefits may be lost and late fees charges may be assessed if the borrower fails to file the request on time.
Upon making a properly documented written request to the school, the borrower may defer making scheduled installment payments and will not be liable for any interest that might otherwise accrue 1) during any period that the borrower is enrolled and attending as a regular student in at least a half-time course of study at an eligible school; enrolled and attending as a regular student in a graduate fellowship program approved by the Secretary; engaged in graduate or post-graduate fellowship-supported study outside the U.S.; enrolled and attending a rehabilitation training program for disabled individuals approved by the Secretary; engaged in public service that qualified the borrower to have part or all of the loan canceled; 2) for a period not to exceed three years during which the borrower is seeking but unable to find full-time employment; 3) for a period not to exceed three years during which the borrower is experiencing an economic hardship as determined by this school. The borrower is not eligible for a deferment while serving in a medical internship or residency program. The borrower may continue to defer making scheduled payments and will not be liable for any interest that might otherwise accrue for a six-month period immediately following the expiration of any deferment period described above.
Upon making a properly documented written request to the University of West Georgia, the borrower is entitled to have up to 100% of the original principal loan amount of this loan canceled if the borrower performs qualifying service in the areas listed below. Qualifying Service must be performed after receiving the loan.
- A full-time teacher in a public or other non-profit elementary or secondary school, that has been designated by the Secretary in accordance with the provisions of section 465(a)(2) of the Act as a school with a high concentration of students from low-income families.
- A full-time special education teacher in a public or nonprofit elementary or secondary school system.
- A full-time teacher in a public or other nonprofit elementary or secondary school system, who teaches mathematics, science, foreign languages, bilingual education, or any other field of expertise that is determined by the State Department of Education to have a shortage of qualified teachers in that State.
Early Intervention Services
A full-time qualified professional provider of early intervention services in a public or other nonprofit program under public supervision by a lead agency as authorized by section 672(2) of the Individuals with Disabilities Education Act. Early Intervention Services are provided to infants and toddlers with disabilities.
- Law Enforcement or Corrections Officers
- A full-time law enforcement officer for an eligible local, State, or Federal law enforcement agency
- A full-time-corrections officer for an eligible local, State, or Federal corrections agency.
- Nurse or Medical Technician
- A full-time nurse providing health care services
- A full-time medical technician providing health care services.
Child or Family Service Agency
A full-time employee of an eligible public or private non-profit child or family service agency who is providing or supervising the provision or services to high-risk children who are from low-income communities and the families of such children.
Upon making a properly documented written request to the school, the borrower is entitled to have up to 100 % of the original principal loan amount canceled for qualifying service performed after the borrower receives the loan as a full-time staff member in the educational component of a Head Start program which is operated for a period comparable to a full school year which pays a salary comparable to an employee of the local educational agency.
Upon making a properly documented written request to the school, the borrower is entitled to have up to 50% of the principal amount of this loan canceled for qualifying service performed after receiving the loan as a member of the Armed Forces of the United States in an area of hostilities that qualifies for special pay under section 310 of Title 37 of the United States Code.
Upon making a properly documented written request to the school, the borrower is entitled to have up to 70% of the original principal loan amount of this loan canceled for qualifying service performed after borrower received the loan as a volunteer under the Peace Corps Act or a volunteer under the Domestic Volunteer Services Act of 1973 (ACTION programs).
Death and Disability
In the event of the borrower’s death, the school will cancel the total amount owed on this loan. If the borrower becomes permanently and totally disabled after receiving the loan, the school will cancel the total amount owed on this loan.