(a) In the event of a hardship or for other good cause, the Program Officer at a participating institution may allow an otherwise eligible student to receive a loan through this Program:(1) while not meeting the satisfactory academic progress requirements, as defined in §22.179(3) of this subchapter (relating to Eligibility of Students); or(2) while enrolled beyond the time limit restrictions defined in §22.180(a) of this subchapter (relating to Discontinuation of Eligibility).(b) Hardship conditions may include, but are not limited to:(1) a showing of a severe illness or other debilitating condition that may affect the student's academic performance; or(2) an indication that the student is responsible for the care of a sick, injured, or needy person and that the student's provision of care may affect his or her academic performance.(c) Documentation of the hardship circumstances approved for a student to receive a loan must be kept in the student's files, and the institution must identify students approved for a loan based on a hardship to the Coordinating Board upon request.(d) Each institution shall adopt a hardship policy under this section and have the policy available in writing in the financial aid office for public review upon request.