: Texas Administrative Code

Texas Administrative Code

TITLE 19	EDUCATION
PART 1	TEXAS HIGHER EDUCATION COORDINATING BOARD
CHAPTER 21	STUDENT SERVICES
SUBCHAPTER G	TEACH FOR TEXAS LOAN REPAYMENT ASSISTANCE PROGRAM
RULE §21.176	Repayment 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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