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Home > Title 19 > Part 1 > Chapter 22 >Subchapter Y > Rule 22.673
TITLE 19 - EDUCATION
PART 1 - TEXAS HIGHER EDUCATION COORDINATING BOARD
CHAPTER 22 - STUDENT FINANCIAL AID PROGRAMS
SUBCHAPTER Y - TEACH FOR TEXAS ALTERNATIVE CERTIFICATION CONDITIONAL GRANT PROGRAM
SECTION/RULE §22.673 - Loan Interest
Chapter Review Date 01/31/2020

(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.

Source Note: The provisions of this §22.673 adopted to be effective November 26, 2001, 26 TexReg 9614; transferred effective June 1, 2017, as published in the Texas Register May 19, 2017, 42 TexReg 2739.

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