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TITLE 19EDUCATION
PART 1TEXAS HIGHER EDUCATION COORDINATING BOARD
CHAPTER 21STUDENT SERVICES
SUBCHAPTER OEARLY CHILDHOOD CARE PROVIDER STUDENT LOAN REPAYMENT PROGRAM
RULE §21.468Eligible Education Loan

An education loan eligible for repayment is one that:

  (1) was obtained for purposes of attending any public or independent institution of higher education;

  (2) is evidenced by a promissory note:

    (A) for funds through a federal or state loan program for higher education,

    (B) with language that clearly indicates that loan proceeds must be used for direct and indirect expenses at an eligible institution, or

    (C) for consolidating education loans;

  (3) does not entail a service obligation as a child care provider;

  (4) shall not be repaid through a similar program administered by the state or federal government, another state or territory of the United States, or by a foreign country; and

  (5) is not in default at the time of the early childhood care provider's application.


Source Note: The provisions of this §21.468 adopted to be effective December 28, 1999, 24 TexReg 11750

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