Section 22.673 - Loan Interest(a) The interest rate on loans shall be determined by the Commissioner and shall be a fixed simple interest rate.(b) Interest begins to accrue as of the date the grant becomes a loan, or the date the certification program was completed, whichever is earlier.(c) Interest does not accrue during periods of eligible teaching.19 Tex. Admin. Code § 22.673
The provisions of this §21.673 adopted to be effective November 26, 2001, 26 TexReg 9614; transferred from 21.690 Texas Register, Volume 42, Number 20, May 19, 2017, TexReg 2739, eff. 5/22/2017