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TITLE 19EDUCATION
PART 1TEXAS HIGHER EDUCATION COORDINATING BOARD
CHAPTER 21STUDENT SERVICES
SUBCHAPTER RDENTAL EDUCATION LOAN REPAYMENT PROGRAM
RULE §21.564Eligible Education Loan

An education loan that is eligible for repayment is one that:

  (1) was obtained through a lender for purposes of attending an eligible institution of higher education;

  (2) is evidenced by a promissory note:

    (A) for funds obtained 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; and

  (3) does not entail a service obligation and is not being repaid through another loan repayment program.

Source Note: The provisions of this §21.564 adopted to be effective December 28, 1999, 24 TexReg 11750; amended to be effective May 23, 2002, 27 TexReg 4336 

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