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Tex. Educ. Code § 61.538

AMOUNT OF REPAYMENT ASSISTANCE

Known as the Higher Education Coordinating Act

The act spans §§ 61.001 to 61.9997 (412 sections).

Added by Acts 1993, 73rd Leg., ch. 585, Sec. 3, eff

(a) A physician may receive repayment assistance under this subchapter in the amount determined by board rule, not to exceed the following amounts for each year for which the physician establishes eligibility for the assistance:

(1) for the first year, $30,000;

(2) for the second year, $40,000;

(3) for the third year, $50,000; and

(4) for the fourth year, $60,000.

(b) The total amount of repayment assistance distributed by the board may not exceed the total amount of money available in the physician education loan repayment program account.

(c) The total amount of repayment assistance made under this subchapter to an individual physician may not exceed $180,000.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.