(a) The board may provide repayment assistance for the repayment of any student loan for education at a public or private institution of higher education, including loans for undergraduate and graduate education, received by a person through any lender.
(b) The board may not provide repayment assistance for a student loan that is in default at the time of the person’s application.

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Terms Used In Texas Education Code 61.704

  • 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