Arkansas Code Title 25. State Government § 25-30-206. Arkansas Rehabilitation Services Forgiveness of Student Loan Program

(b)(1) The program shall be administered by Arkansas Rehabilitation Services.

(2) Arkansas Rehabilitation Services shall promulgate rules regarding eligibility, payment, and program management consistent with this section.

(1) Completion of a six-month probationary period, beginning with the first day of employment with Arkansas Rehabilitation Services;

(2) Provision of proof that the employee incurred student loan debt for purposes of obtaining a degree in the field of vocational rehabilitation, including without limitation the name and address of the student loan creditor;

(3) Provision of proof that the student loan is unpaid at the time the employee applies for the program; and

(4) Execution of a contract in which the employee agrees that Arkansas Rehabilitation Services is not obligated to issue further payments under the program if the employee resigns or is terminated for cause while participating in the program.

(1) A payment shall be issued in installments not to exceed two thousand dollars ($2,000);

(2) An eligible employee is required to have been continually employed by Arkansas Rehabilitation Services for the two (2) years prior to issuance of an installment in order to receive the installment; and

(3) An eligible employee may receive no more than ten thousand dollars ($10,000) or up to five (5) installments under the program.