VIRGINIA DEPARTMENT OF EDUCATION
P. O. BOX 2120
RICHMOND, VIRGINIA 23218-2120
2023-2024 APPLICATION FOR A
VIRGINIA TEACHING SCHOLARSHIP LOAN
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shortage subject area, as defined in the Board of Education's Regulations Governing the
Determination of Critical Teacher Shortage Areas, one-half the sum specified in the Note that was
advanced to the loan recipient as a Virginia Teaching Scholarship plus any accrued interest
shall immediately become due and payable.
5. If the loan recipient leaves a regionally accredited public or private four-year Virginia college or
university prior to program completion and does not enroll the next semester in an approved
education program (designed to qualify me for a renewable teaching license) at another regionally
accredited public or private four-year Virginia college, or discontinues full-time/part-time studies in
an approved teacher education program, the Note plus any accrued interest shall immediately
become due and payable.
6. If the loan recipient is activated for military service for a period of 30 days or more, repayment of the
uncanceled Note may be deferred to the first full academic year following the recipient’s return from
active duty or deployment. To request a deferment for the period of active duty, a copy of orders to
report for such service must be sent to the Office of Teacher Education, Virginia Department of
Education, at least ten (10) days prior to the beginning of such service and written notification must
be sent after return from active duty or deployment.
7. If it becomes necessary to place this Note in the hands of the Virginia Division of Debt Collection or
an agency or attorney for collection, the loan recipient agrees to pay a charge for the attorney or
collection agency fees in addition to the amount due on the Note at the time of collection. Such
charge for court costs and attorney’s fees shall be thirty percent (30%) of the outstanding principal
balance and any penalty at the time of referral. Interest shall continue to accrue until all outstanding
amounts are paid. In further consideration of the Commonwealth's forbearance in instituting or
continuing suit, the recipient expressly waives any statute of limitations or other defenses which the
recipient could plead as a defense to the above collection claim by the Commonwealth and agrees that
the venue of any lawsuit brought against me shall be in the City of Richmond, Virginia. The loan
recipient hereby intends to legally bind themselves and their heirs, executors, administrators and
assigns.
8. Failure to pay the Note in full when payment is due and/or when billed will result in the imposition of
interest at the current monthly rate on the unpaid balance.
9. According to the Code of Virginia, Section 2.2-4800, the Commonwealth shall take all appropriate
and cost-effective actions, including debt set-off, to collect all accounts receivable.
10. The loan recipient is responsible for informing the Office of Teacher Education, Virginia Department
of Education, in writing, of their status, including any change of address, date of program completion,
military service, and the name of the school or schools in which teaching service is rendered until the
total obligation is satisfied.
11. The loan recipient waives presentment, demand, protest, and notices of honor and protest and the
benefit of homestead exemption and all other exemptions or protections which legally may be
waived, except those for which the recipient may be eligible under the Service members Civil Relief
Act, 50a U.S.C. 501, et seq., with regard to the obligation evidenced by the Note.