| (C) 72 equal monthly installments for students who
received grants for more than two years, but less than three years;
or
(D) 48 equal monthly installments for students who
received grants for less than two years.
(3) The installment is based on the amount owed the
department and must be paid each month. Repayments may be made in
fewer than the required number of installments.
(4) A student will not be required to begin payments
until after the student's expected date of graduation as determined
on the date of the determination of default.
(5) A student who completes an eligible degree and
does not work for the department for two academic years immediately
following the date of the student's receipt of an eligible degree
from a Texas institution will be required to:
(A) begin payments three months subsequent to the determination
of default; and
(B) pay a minimum monthly installment of $200.
(6) The department will waive repayment of any remaining
amounts for a student who defaults and graduates with an eligible
degree and honors the original agreement to work for the department
in an eligible profession for at least two academic years commencing
immediately upon graduation.
(7) The department may temporarily reduce or defer
the required payments or extend the prescribed repayment period, upon
approval of the executive director, if a student submits a formal
request, demonstrates his or her inability to pay due to catastrophic
illness or family emergency, and follows all conditional grant requirements
during the deferment period. Any reduction, deferral, or extension
will not relieve a student of his or her responsibility to repay all
funds.
(8) Credit bureau notification. The department will
notify the appropriate credit bureaus or agencies if a student fails
to repay the department or fails to adhere to the terms of the conditional
grant agreement.
(k) Child support statement.
(1) In accordance with the Family Code, §231.006,
a child support obligor who is 30 or more days delinquent in paying
child support is not eligible to receive funds under this subchapter.
(2) A student shall provide along with the application
submitted as required by subsection (d) of this section a signed,
sworn statement, in a form and manner prescribed by the department,
affirming that the student is not 30 or more days delinquent in providing
child support under a court order or a written repayment agreement.
(3) A student who is ineligible under this section
shall remain ineligible to receive funds under this subchapter until:
(A) all arrearages have been paid; or
(B) the student is in compliance with a written repayment
agreement or court order as to any existing delinquency.
(4) A student who is found to have submitted a falsely
sworn statement under this section shall, upon demand, remit to the
department all funds received while ineligible under paragraph (1)
of this subsection.
|
| Source Note: The provisions of this §4.25 adopted to be effective December 22, 1995, 20 TexReg 10391; amended to be effective October 24, 1999, 24 TexReg 9054; amended to be effective November 14, 2001, 26 TexReg 9226; amended to be effective December 11, 2002, 27 TexReg 11623; amended to be effective December 15, 2003, 28 TexReg 11115; amended to be effective August 1, 2022, 47 TexReg 4558 |
