Tex. Educ. Code § 61.9957

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 61.9957 - Payment of Loan Repayment Assistance

(a) The board shall pay any loan repayment assistance under this subchapter in a lump sum delivered on the eligible person's behalf directly to the holder of the loan.

(b) Loan repayment assistance provided under this subchapter may be applied to any amount due on the loan.

(c) Each state fiscal biennium, the board shall attempt to allocate all money available to the board for the purpose of providing loan repayment assistance under this subchapter.

Tex. Educ. Code § 61.9957

Added by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 567,Sec. 1, eff. 9/1/2019.