Regulation .07 Recipient Obligations.

A recipient shall furnish to OSFA written acceptance of the award and a signed promissory note and employment obligation agreement.

The promissory note and service obligation agreement shall include:

(1)

The obligations of the recipient;

(2)

The total and annual amounts of the award;

(3)

Penalties for breach of contract;

(4)

Circumstances under which the obligation may be canceled, suspended, or waived; and

(5)

Any other terms the Secretary considers necessary.

A recipient shall:

(1)

Verify eligible employment initially, after 6 months, and at the end of each year in the program;

(2)

Verify the current status of all educational loans each year in the program;

(3)

Verify, at the time of the initial application only, being a foster care recipient as defined in Regulation .02 of this chapter;

(4)

Submit a copy of the recipient’s State tax returns for any year during which an award is received, and federal returns if requested; and

(5)

Notify OSFA of any change in employment status.