A Texas B-On-Time loan shall be forgiven if the student is
awarded a baccalaureate degree from an eligible institution, and the
student either:
(1) graduated with a B average, or the equivalent of
a cumulative grade point average of at least 3.0 on a four-point scale,
and received:
(A) a baccalaureate degree within four calendar years
after the date the student initially enrolled in an eligible institution;
(B) a baccalaureate degree within five calendar years
after the date the student initially enrolled in an eligible institution
if the institution has reported or will report that the student graduated
with a degree in architecture, engineering, or any other program that
the institution certifies to the Board is a program that requires
more than four years to complete; or
(2) graduated with a B average, or the equivalent of
a cumulative grade point average of at least 3.0 on a four-point scale,
with a total number of course credit hours earned, including transfer
credit hours and excluding hours earned exclusively by examination,
dual credit course hours, and hours earned for developmental coursework
that an institution required the student to take under Texas Education
Code, §51.3062 (relating to Success Initiative), or under the
former provisions of Texas Education Code, §51.306 (relating
to Texas Academic Skills Program), that is not more than six hours
more than the number of credit hours required to complete a baccalaureate
degree.
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Source Note: The provisions of this §22.337 adopted to be effective December 7, 2003, 28 TexReg 10757; amended to be effective August 16, 2004, 29 TexReg 7975; amended to be effective November 28, 2005, 30 TexReg 7856; amended to be effective November 30, 2009, 34 TexReg 8523; amended to be effective November 29, 2011, 36 TexReg 8021; amended 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 |