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TITLE 19EDUCATION
PART 1TEXAS HIGHER EDUCATION COORDINATING BOARD
CHAPTER 22STUDENT FINANCIAL AID PROGRAMS
SUBCHAPTER QTEXAS B-ON-TIME LOAN PROGRAM
RULE §22.343Program Support Activities

(a) The Board, in collaboration with eligible institutions and other appropriate entities, shall adopt and implement measures to:

  (1) improve student participation in the Texas B-On-Time loan program, including strategies to better inform students and prospective students about the program; and

  (2) improve the rate of student success in qualifying for Texas B-On-Time loan forgiveness.

(b) the Board, in collaboration with eligible institutions and appropriate nonprofit or college access organizations, shall:

  (1) educate students regarding the eligibility requirements for forgiveness of Texas B-On-Time loans;

  (2) ensure that students applying for or receiving a Texas B-On-Time loan understand their responsibility to repay any portion of the loan that is not forgiven;

  (3) ensure that students who are required to repay Texas B-On-Time loans receive and understand information regarding loan default prevention strategies; and

  (4) through an in-person or online loan counseling module, provide loan repayment and default prevention counseling to students receiving Texas B-On-Time loans.

(c) Notwithstanding subsection (b)(4) of this section, the following eligible institutions shall provide the loan repayment and default prevention counseling described by that subdivision to all Texas B-On-Time loan recipients enrolled at those institutions:

  (1) each institution with a Texas B-On-Time loan default rate that exceeds the statewide average default rate for such loans; and

  (2) each institution with a Texas B-On-Time loan forgiveness rate that is less than 50 percent of the statewide average forgiveness rate for such loans.

(d) The Board, in consultation with all eligible institutions, shall prepare materials designed to inform prospective students, their parents, and high school counselors about the program and eligibility for a Texas B-On-Time loan.


Source Note: The provisions of this §22.343 adopted to be effective September 4, 2014, 39 TexReg 6854; transferred effective June 1, 2017, as published in the Texas Register May 19, 2017, 42 TexReg 2739

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