(a) The board shall make a loan from the fund to a student who qualifies for a loan under Subchapter C.

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Terms Used In Texas Education Code 52.90

  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005

(b) Loans from the fund are governed by Subchapter C.
(c) The board may charge and collect a loan origination fee from a person who receives a loan from the fund. The board may use the fee to pay operating expenses for making loans under this section.