Financial aid-Contracts-Obligations-Exceptions

A.S.C.A. § 16.2509 — under Student Financial Aid.

A.S.C.A. § 16.2509

Financial aid must be awarded by written contract except in the case of government scholarships. All contracts for each category of financial aid must contain a uniform condition requiring the repayment of all or part of the financial aid plus reasonable interest. The repayment may be by direct installment payments to the Board for a limited period or by other methods considered proper by the Board. The Board may waive repayment for those persons who become employed by the government or private industry in American Samoa after graduation for a period equal to the number of scholastic years financed by the Board or shorter duration if determined equitable by the Board. Further, the contract with any student who is a government employee shall contain a condition obligating the student to return to government employment for a period of time equal to the time enrolled under this program and which obligates the government to provide employment in or as closely related to as possible that student’s field of study. In addition, the Board may include in any contract with a student those special conditions considered necessary and proper by the Board.

History: 1982, PL 17-36 § 11; amd 1985, PL 19-7 § 1.

Amendments: 1985 Added “or private industry in American Samoa”.