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TITLE 19EDUCATION
PART 1TEXAS HIGHER EDUCATION COORDINATING BOARD
CHAPTER 21STUDENT SERVICES
SUBCHAPTER VTEACH FOR TEXAS ALTERNATIVE CERTIFICATION CONDITIONAL GRANT PROGRAM
RULE §21.691Repayment of Loans

(a) The Teach for Texas Alternative Certification Conditional Loan shall be repaid in installments over a period of not more than ten years from the date the grant becomes a loan.

(b) A recipient shall begin making payments within sixty days of the date on which the Teach for Texas Alternative Certification Conditional Grant becomes a loan.

(c) The loan amount to be repaid shall be based upon the proportion of the remaining unfulfilled service obligation.

(d) The minimum repayment amount is $1,200 annually, or an amount required to repay the loan within 10 years, whichever is greater.


Source Note: The provisions of this §21.691 adopted to be effective November 26, 2001, 26 TexReg 9614

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