(a) The Division of Higher Education may approve a scholarship hold for a traditional student for a period of twenty-four (24) months or less.
(b) The reasons for a scholarship hold may include without limitation:
(1) A medical condition of the student or a member of the student's immediate family that, on the basis of a physician's good-faith judgment, necessitates the student or the student's immediate family member to be hospitalized or receive outpatient or home-based medical care or to recuperate until released by the attending physician;
(2) A personal or family emergency that requires the student to:
(A) Attend the funeral of an immediate family member; or
(B) Visit a relative of the student if the relative has a medical condition in which death is possible or imminent;
(3) Military service under § 6-61-112; or
(4)
(A) A commitment of twelve (12) to twenty-four (24) months for service in a national or international humanitarian project sponsored by a nonprofit corporation organized with a charitable or educational purpose.
(B) The student's commitment shall be expressed in a written agreement with the nonprofit organization including the terms of completion for the student's service on the related project.
(C) The division shall release a scholarship hold if the division determines that the student did not complete the commitment under the written agreement.