Cabinet of Ministers Regulations No. 734 in 2005 on September 27 (Mon. No 54 7) amendments to the Cabinet of Ministers of 29 May 2001, Regulation No 219 of "procedure is given, and deleted study pay off credit from State budget resources" Issued under the University Act 78 the first paragraph of article 79, paragraph 2, the second subparagraph of article and article 82 of the first part of the Education Act, article 12, third paragraph, and article 14, paragraph 4 to make a Cabinet of 29 May 2001, Regulation No 219 of "order in which is given, and pay off student loans from the deleted state budget "(Latvian journal, 2001, 97 no; 2003, 13, no. 172; 2004, nr. 131) as follows: 1. Replace the second sentence of paragraph 16, the words" after graduation "with the words" after the completion of the relevant study programme ".
2. Make the following chapter VII: "VII. Credit repayment arrangements 30. Credit repayment begin no later than: 30.1. with the third month after the termination of the study;
30.2. the twelfth month after the completion of the relevant study programme;
30.3. the third month after the contractual deadline for obtaining the degree, if not a PhD or degree.
31. If the loan is a sequential learning more this provision referred to in paragraph 4, the study programme and the break between one program and another of the study programmes at the beginning of the term of not more than eleven months, studios started to repay loans taken at the twelfth month after the last course is complete.
32. If the loan is a sequential learning more this provision referred to in paragraph 4, the study programme and the break between one program and another of the study programmes at the beginning of the period of more than eleven months, the latest studies learning takes credit for starting to repay with the twelfth month after the completion of this course, but previous studies learning credits received — by the third month after the end of the completion of the study program.
33. the principal and interest repayment is administered by the Fund, and its Study is in accordance with the agreement for the loan repayment schedule, which before the start of repayment the credit the Foundation of Studio workers. Understanding the need for a specific agreement, by doctoral student and a University.
worker 20.6 Credit credit student Fund released in 10 years, every year, paying a tenth of the total loan amount and interest. Payments are made every month.
33.2 employees credit and Credit interest can repay the credit before deadline. Credit can repay the loan or any other person or entity.
33.3 in the credit agreement stipulates that credit a worker for each delayed day pays the penalty of 0.1 of a percentage of the amount of the unpaid amount within the time limit and the penalty of one percent of the amount of the outstanding loan amount, if the worker does not provide credit information on conscription for compulsory military service, being in the pregnancy or maternity leave, being in the parental leave of up to one and a half year (if not works full time), the continuation of study Bachelor's, master's, doctorate or advanced vocational education qualifications , professional degree or studying the residency.
33.4 If has become final judgment of the Court of Justice of the credit collection and court bailiffs have been issued back in the Studio for the Foundation Executive and legislative documents, which States that the worker is not the property of credit or income on which to focus, study the Fund's liabilities for loan repayment, the Treasury deletes from the State budget in accordance with the judgment of the Court in the amount recovered. Study Foundation lists the credit referred to in this paragraph, interest and penalties debt 10 years after the execution of a document back.
33.5 10 years of study the Fund monitored its workers credit's financial position, against whom the execution, once a year, submitting an executive document bailiff for repeated execution. Recover the amount of the debt of the credit the Foundation of study including the Treasury specified account. "
3. Replace the words "in paragraph 48 of the credit and credit interest is deleted" with the words "credit, credit interest and penalties is deleted". Prime Minister a. Halloween, Minister of education and science Druviet of I.