<<Prev Rule

Texas Administrative Code

 Next Rule>>
TITLE 19EDUCATION
PART 1TEXAS HIGHER EDUCATION COORDINATING BOARD
CHAPTER 22STUDENT FINANCIAL AID PROGRAMS
SUBCHAPTER YTEACH FOR TEXAS ALTERNATIVE CERTIFICATION CONDITIONAL GRANT PROGRAM
RULE §22.673Loan Interest
(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

Link to Texas Secretary of State Home Page | link to Texas Register home page | link to Texas Administrative Code home page | link to Open Meetings home page