20 AAC 19.060. Repayment

(a) A participant in the WWAMI program shall repay the total amount required to be repaid under AS 14.43.510 in monthly installments over a period of not more than 15 years from commencement of the repayment obligation.

(b) Procedures contained in 20 AAC 15.960(b) and (c) apply to payments on a repayment obligation under this chapter.

(c) If the participant requests and economic hardship is shown, the commission staff shall extend the payment period of a repayment obligation for an additional period of up to five years. Standards contained in 20 AAC 15.960(d) apply to determine economic hardship under this section. The participant must apply for an economic hardship extension on a form obtained from the commission, along with supporting documentation as required. The commission staff shall advise a participant of the increased costs associated with the extension of the repayment period.

(d) A repayment obligation is considered in default, and is accelerated and due in full, if

(1) a payment is 180 or more days past due;

(2) the participant fails to comply with the applicable required notifications contained in 20 AAC 19.050; or

(3) the participant has falsified any information on the application or information required under AS 14.43 or this chapter.

(e) For the purpose of AS 14.43.510 , the commission will consider a participant to have terminated studies if the participant is dismissed, takes a leave of absence, or withdraws from the University of Washington School of Medicine. If the participant resumes studies in the WWAMI program after a leave of absence, the person will no longer be considered to have terminated studies and interest accrual on the repayment obligation ceases at the time the participant resumes studies.

History: Eff. 10/23/99, Register 152

Authority: AS 14.42.030

AS 14.43.510

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