Section 487.106 - Eligibility for Loans; Rural Community Financial Support(a) For an outstanding rural scholar to be eligible for a forgivable loan, community sponsorship must include financial support.(b) Community financial support consists of a commitment to fund 50 percent of the costs of a scholar's tuition, fees, educational materials, and living expenses.(c) The financial support under this section may be satisfied wholly or partly by a grant, a scholarship, or private foundation support.(d) Evidence of the financial support must be submitted with a community's nomination.Tex. Gov't. Code § 487.106
Added by Acts 2001, 77th Leg., ch. 1424, Sec. 1, eff. 9/1/2001.