(a) Eligible higher educational institution means an institution of higher education or a private or independent institution of higher education, as defined by Texas Education Code §61.003, that:(1) is located in this state; and(2) complies with the rules of the board promulgated in accordance with this subchapter and guidance issued under this authority.(b) Each eligible institution shall designate a full-time administrative official of the institution who will act as the Board's on-campus agent. This officer shall certify all institutional transactions and activities with respect to the Program and shall be responsible for all records and reports reflecting the transactions with respect to the Program. The Program Officer may authorize other student financial aid officials at the institution to certify applications through this Program.(c) Each eligible institution shall promptly report student borrower changes in enrollment status to Board Staff directly or to the National Student Clearinghouse.