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TITLE 19EDUCATION
PART 1TEXAS HIGHER EDUCATION COORDINATING BOARD
CHAPTER 21STUDENT SERVICES
SUBCHAPTER GTEACH FOR TEXAS LOAN REPAYMENT ASSISTANCE PROGRAM
RULE §21.176Repayment of Education Loans

Eligible education loans shall be repaid under the following conditions:

  (1) the annual repayment(s) shall be in one disbursement made payable to the holder(s) of the loan(s) or co-payable to the teacher and the holder(s) of the loan(s);

  (2) the Commissioner of Higher Education shall determine the annual repayment amount, taking into consideration the amount of available funding; and

  (3) the teacher shall not receive loan repayment assistance for more than five years.


Source Note: The provisions of this §21.176 adopted to be effective December 7, 2003, 28 TexReg 10757; amended to be effective November 29, 2011, 36 TexReg 8022; amended to be effective May 29, 2012, 37 TexReg 3804

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