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TITLE 19 - EDUCATION
PART 1 - TEXAS HIGHER EDUCATION COORDINATING BOARD
CHAPTER 23 - EDUCATION LOAN REPAYMENT PROGRAMS
SUBCHAPTER K - NURSE LOAN REPAYMENT ASSISTANCE PROGRAM
SECTION/RULE §23.305 - Limitations
Chapter Review Date 01/31/2020

(a) No more than 10 percent of the total amount of repayment assistance in a fiscal year may be offered to individuals for the repayment of eligible loans for education received at a college or university described by Texas Education Code, §61.651(1)(C).(b) An individual's loan repayment assistance amount may not exceed the unpaid principal and interest owed on one or more eligible education loans, as defined in §23.2(3) of this chapter (relating to Eligible Lender and Eligible Education Loan).(c) An individual shall not receive loan repayment assistance from the program for more than three service periods.

Source Note: The provisions of this §23.305 adopted to be effective August 15, 2024, 49 TexReg 5991.

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