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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 §21.472Repayments During the Required Two-Year Service Period

(a) The board may encumber repayment assistance funds for each qualified early childhood care provider for the required two-year service obligation.

(b) The board shall disburse repayments at the end of each year of service.

(c) The board shall issue a disclosure statement with each disbursement.

(d) Repayments shall be made copayable to the child-care provider and the holder of the education loan notes.

(e) The board shall provide the early childhood care provider a completed IRS 1099 form annually for repayments disbursed during the required two-year period.


Source Note: The provisions of this §21.472 adopted to be effective December 28, 1999, 24 TexReg 11750

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