{"data":{"id":"us-ky/krs-164.7531","jurisdiction":"us-ky","citation":"KRS 164.7531","heading":"Loan forgiveness programs -- Sunset provision.","body":"(1) For purposes of this section, the terms \"Best in Class for Teachers,\" \"Best in Care\nfor Nurses,\" and \"Best in Law for Public Service Attorneys\" mean the loan\nforgiveness programs established by the Higher Education Assistance Authority\nunder its authority in KRS 164.744(2) and 164.748(7). The term \"eligible program\nparticipant\" means an individual who has an outstanding loan balance on a loan\nrelated to these loan forgiveness programs that were issued prior to June 30, 2008.\n(2) In the event that there are insufficient funds available from any source that can be\nused by the Kentucky Higher Education Assistance Authority to provide loan\nforgiveness for an eligible program participant, the authority shall negotiate an\nextended repayment schedule upon request b y an eligible participant. The\nnegotiated schedule shall be in compliance with federal loan requirements.\nNotwithstanding any other statute to the contrary, an eligible program participant in\nthis repayment schedule shall not forfeit eligibility for other loans or scholarships\nthat become available.\n(3) The Best in Class for Teachers, Best in Care for Nurses, and Best in Law for Public\nService Attorneys programs shall end by June 30, 2018. Borrowers with remaining\nbalances shall be advised of federal loan forgiveness and alternative repayment plan\noptions.","path":["KRS Chapter 164"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=45824","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:51:17Z","sha256":"2f0e46869cb2458975a977b7a747e9a33c7207da8897de7fdea2c66c6c4c3a78","source_id":"us-ky","stale":false,"prev":"us-ky/krs-164.753","next":"us-ky/krs-164.7534"},"notice":"GroundRules: Original legal text. Not legal advice."}
