Temporary Debt Relief

Notwithstanding any other provision of law or administrative rule, the Board of Regents of the University of Guam is hereby authorized, for the period of January 1, 2002 to September 30, 2002, to extend the commencement or resumption of the repayment of financial assistance by means of service credit for any financial aid program where service credit is required in lieu of cash repayment for a period not to exceed two

(2)years beyond the date such service credit is expected to commence or resume, on a case-bycase basis, when the recipient has been unable to secure employment after three

(3)attempts, in the field for which the recipient has been trained, or a closely related field. Such request and authorization can only be granted once. For purposes of this Section, “Financial Aid Program” means any program, including, but not limited to, those authorized by Chapters 15, 18, 19 and 22 of Title 17 of the Guam Code Annotated.