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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 §21.473Repayments Beyond the Required Two-Year Service Period

(a) To the extent funding is available, an early childhood care provider may qualify to receive repayments for three additional years of service in an eligible facility after completing the required two years of service.

(b) The eligible early childhood care provider must apply annually at the beginning of the twelve-month service period.

(c) To remain eligible, the early childhood care provider must provide twelve consecutive full months of eligible service.

(d) Repayments shall be made for services rendered in the preceding twelve months.

(e) Repayments are for services rendered and do not have to be repaid; consequently, no promissory note is required for repayments beyond the required two-year period of service.

(f) Repayments shall be made copayable to the early childhood care provider and the holder of the education loan notes.

(g) The board shall provide the early childhood care provider a completed IRS 1099 form annually.


Source Note: The provisions of this §21.473 adopted to be effective December 28, 1999, 24 TexReg 11750

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