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Virginia Administrative Code
Title 8. Education
Agency 40. State Council of Higher Education For Virginia
Chapter 170. Cybersecurity Student Loan Repayment Grant Regulations
10/11/2024

8VAC40-170-60. Grant administration.

A. Funds disbursement.

1. Each six months, the employee will receive half of the annual award (half of employer match and half of the grant match) that the employer certifies that:

a. The employee remains employed full time in the approved position; and

b. The employer has verified payment of the employer matching requirement.

2. Disbursements from the grant will be made directly to the employee.

B. Grant conditions.

1. No employment service time shall be used to simultaneously satisfy the requirements of this program while satisfying requirements for:

a. Federal CyberCorp® Scholarship for Service;

b. Virginia Cybersecurity Public Service Scholarship; or

c. Any other Commonwealth of Virginia employment incentive bonus.

2. The contract is null and void and no further grant disbursements will take place if:

a. The applicant does not accept the offer of employment, inclusive of a program contract as part of the compensation package.

b. The applicant fails to secure and maintain initial or subsequent security clearances required for the approved position.

c. The employee leaves employment or is fired for cause.

d. The employee ceases to be employed full time in a qualifying position.

e. The employer fails to fulfill the contract. In addition, the employer may be disqualified from future consideration for any contracts under this program.

f. The employee defaults on any student loan during the time of employment.

3. If the employee is subject to a layoff or other reduction in force, the employee may be considered for a pro rata award based on the length of service if the employer certifies satisfactory performance during the time of qualified employment.

C. Eligibility for multiple grants.

1. Individuals may have no more than one contract in force at one time.

2. There are two paths to eligibility: (i) degree completion or (ii) separation from military service. Therefore, it is possible for an individual to meet the initial eligibility criteria multiple times. An employee may be considered for an additional grant under this program if the employee meets the recipient criteria under 8VAC40-170-30 and:

a. Is offered a qualifying position of increased responsibility level within the organization; or

b. Has been offered a qualifying position of increased responsibility at another eligible employer.

3. No employee may receive a second grant contract for the same employment position or equivalent level of employment either with the initial employer or any other eligible employer.

Statutory Authority

§ 23.1-203 of the Code of Virginia; Item 141 of Chapter 2 of the 2018 Acts of Assembly, Special Session I.

Historical Notes

Derived from Virginia Register Volume 35, Issue 8, eff. December 10, 2018.

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