Texas Education Code 56.354 – Eligible Loans
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(a) A person may receive Teach for Texas loan repayment assistance under this subchapter for the repayment of any student loan for education at any public or private institution of higher education through any lender. If the loan is not a state or federal guaranteed student loan, the note or other writing governing the terms of the loan must require the loan proceeds to be used for expenses incurred by a person to attend a public or private institution of higher education.
(b) The coordinating board may not provide loan repayment assistance for a student loan that is in default at the time of the person’s application.
Terms Used In Texas Education Code 56.354
- 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