Programmatic Requirements. The recipient is responsible for providing documentation to the NRC that tracks each student’s progress in achievement of the academic program for which federal funds were provided. This includes: (1) ensuring the service agreement is signed by the student prior to providing support; (2) providing the NRC with student contact information upon student entry into the program, upon completion or withdrawal from the program, and upon request by the NRC; and (3) monitoring the student’s fulfillment of the service agreement for the duration of the award. The NRC shall be notified immediately if a student is not fulfilling the academic program or the service agreement. Students have up to 6 months after graduation to secure nuclear related employment. If a student does not obtain nuclear related employment in the 6 month timeframe, a waiver can be requested or the NRC will seek repayment of funds. Failure to complete service for any reason is a breach of the NRC Service Agreement. The NRC will work with students to assist them, to the extent possible, to avoid a breach and fulfill the service obligation. A recipient should immediately contact the NRC if a situation arises in which a student is potentially unable to fulfill his/her service obligation. Individuals who breach their NRC Service Agreement contract are subject to monetary damages as follows: (1) Failure to complete degree program – Institutions that support students who are dismissed from school for academic or disciplinary reasons or who voluntarily terminate the degree program before graduation from for which the support was awarded will be in breach of the service agreement and will be liable to the NRC for repayment of all NRC funds received by the students. (2) Students who for any reason fail to comply with the terms and conditions of deferring or postponing the service obligation for nuclear related employment or who for any reason fail to begin or complete their service obligation after completion of degree program, will be in breach of their service obligation contract and will be liable to the NRC for repayment for all NRC funds paid to them on their behalf. At this time, the amount owed to the NRC is a valid debt of the Federal government subject to all laws and provisions governing the administration of the debt. In accordance with Federal regulations, if payment is not received by the NRC within 30 days from notification of indebtedness, the debt becomes past due and will be subject to interest, penalties, and administrative charges incurred by the Federal government to service the debt. After 120 days of being past due, the debt will be referred to the Department of the Treasury for collection. An installment agreement may be requested by the debtor if a single lump sum payment is not possible. An installment agreement can be up to 3 years in length and will include all applicable interest, penalties, and administrative charges incurred by the Federal government to service the debt. Failure by the debtor to meet the terms and conditions of the installment agreement will result in the debt being referred to the Department of the Treasury for collection and subject to the various collection actions administered by the Department of the Treasury. The debtor may submit a request for an installment agreement to the NRC Office of the Chief Financial Officer at (000) 000-0000 or by email at Xxxx.Xxxxxxxx@xxx.xxx. The request should include a justification to establish an installment agreement to repay the debt. If a waiver is submitted by a student, NRC may waive, in whole or in part, the service obligation, upon determining that compliance by the student is impractical. Xxxxxx requests must be submitted in writing including the reason the waiver is being sought and documentation evidencing that he/she attempted to secure nuclear related employment, but was unable to do so. If the requested waiver is denied, a written request for payment may be issued to the student by the NRC under the provisions found in 10 CFR 15.21.
Appears in 9 contracts
Samples: Cooperative Agreement, Grant, Grant