(4) Executes a sworn affidavit, under penalty of
perjury, that the individual does not have a delinquent
payment owing to any Commonwealth agency.
§ 79A44. Amount of awards.
(a) Loan forgiveness.--Agency-administered, federally
insured student loans for an a pproved program of education
provided to a qualified applicant may be forgiven by the agency
as follows:
(1) The agency may forgive a qualified applicant's loan
in an amount up to $16,000.
(2) Payment of the award shall be made in accordance
with the procedures established by the agency.
(3) A qualified applicant may receive loan forgiveness
awards as follows:
(i) First year of active first responder status
following graduation in an amount up to $4,000, but not
exceeding 25% of the original qualifying loans.
(ii) Second year of active first responder status
following graduation in an amount up to $4,000, but not
exceeding 25% of the original qualifying loans.
(iii) Third year of active first responder status
following graduation in an amount up to $8,000, but not
exceeding 50% of the original qualifying loans.
(b) Preference.--The agency may give preference in approving
loan forgiveness awards under the program to renewal
applications.
§ 79A45. Funding.
The agency may approve loan forgiveness awards only to the
extent that funds are appropriated by the General Assembly and
are sufficient to cover administration of the program. In the
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