Common use of Obligation to Repay Clause in Contracts

Obligation to Repay. General. (1) A scholarship recipient who does not ful- fill his or her service obligation must— (i) Repay the Department the full amount of the scholarship, including the principal balance, accrued interest, and any collection costs charged under paragraphs (c) and (d) of this section; or (ii) Be discharged of any repayment obligation as provided in § 611.45. (2) Unless the service obligation is deferred as provided in § 611.44 or the repayment requirement is discharged, the obligation to repay the amount provided in paragraph (a)(1) of this sec- tion begins six months after the date the recipient— (i) Completes the teacher training program without beginning to teach in a high-need school of a high-need LEA; or (ii) Is no longer enrolled in the teach- er training program. (3) The Secretary determines whether a scholarship recipient has fulfilled the service obligation on the basis of infor- mation that the Department receives as provided in §§ 611.46 and 611.47.