This is a clone of the Texas Administrative Code (TAC) for educational purposes. It is not the official version and should not be used for legal purposes. Site created Wed, 21 May 2025 21:16:40 GMT

Home > Title 19 > Part 1 > Chapter 22 >Subchapter Q > Rule 22.338
TITLE 19 - EDUCATION
PART 1 - TEXAS HIGHER EDUCATION COORDINATING BOARD
CHAPTER 22 - STUDENT FINANCIAL AID PROGRAMS
SUBCHAPTER Q - TEXAS B-ON-TIME LOAN PROGRAM
SECTION/RULE §22.338 - Loan Interest
Chapter Review Date 01/31/2020

There shall be no interest charged for a Texas B-On-Time Loan unless a judgment is obtained against the borrower for default in payment. If a judgment should be taken, the interest rate shall be the amount specified in §304.003 of the Texas Finance Code, (relating to Judgment Interest Rate: Interest Rate or Time Price Differential Not in Contract).

Source Note: The provisions of this §22.338 adopted to be effective December 7, 2003, 28 TexReg 10757; transferred effective June 1, 2017, as published in the Texas Register May 19, 2017, 42 TexReg 2739.

View Official Rule