Section 22.636 - Loan Interest(a) The interest rate charged on Teach for Texas Conditional Grants shall be determined by the Commissioner and shall be a fixed, simple interest rate.(b) Interest begins to accrue upon the date the grant becomes a loan or the program completion date, whichever is earlier.(c) Interest does not accrue during of periods of educational deferment.19 Tex. Admin. Code § 22.636
The provisions of this §22.636 adopted to be effective November 26, 2001, 26 TexReg 9614; transferred from 21.441 Texas Register, Volume 42, Number 20, May 19, 2017, TexReg 2739, eff. 5/22/2017