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Tex. Educ. Code § 61.955

REPAYMENT

Known as the Higher Education Coordinating Act

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

Added by Acts 2001, 77th Leg., ch. 1320, Sec. 1, eff

(a) The board shall deliver any repayment assistance made under this subchapter in a lump sum payable to the lender and the attorney and in accordance with any applicable federal law.

(b) Loan repayment assistance received under this subchapter may be applied to the principal amount of the loan and to interest that accrues.

(c) Any repayment assistance shall be reasonably related to the amount of time an attorney is employed by the eligible organization.

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