MAYOR AND EXECUTIVE AGENCIES - DISTRICT OF COLUMBIA POVERTY LAWYER LOAN ASSISTANCE REPAYMENT PROGRAM - PARTICIPANT RESPONSIBILITIES AND REVIEW OF ELIGIBILITY


Published: 2007-02-02

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2410 PARTICIPANT RESPONSIBILITIES AND REVIEW OF ELIGIBILITY

2410.1 Upon receipt of notification of a loan award, the participant shall promptly execute a promissory note, as required under § 2403.10, within the deadline established by the Administrator. Failure to timely execute the note may result in forfeiture of the loan.

2410.2 The participant shall apply all loan assistance proceeds to the repayment of the participant’s eligible debt. It shall be the responsibility of the participant to negotiate the terms and conditions of debt repayment with the lending institution, and any penalties associated with early debt repayment shall be the responsibility of the participant.

2410.3 The participant shall promptly notify the Administrator of any change in status that might affect the participant’s eligibility for the Program under § 2404.

2410.4 The participant shall semi-annually provide the Administrator with documentation sufficient to establish the participant’s continuing eligibility for the Program.

SOURCE: Final Rulemaking published at 54 DCR 1025 (February 2, 2007).