Public-domain · open source
OpenJurist

Tex. Gov't Code § 487.106

ELIGIBILITY FOR LOANS; RURAL COMMUNITY FINANCIAL SUPPORT

Added by Acts 2001, 77th Leg., ch. 1424, Sec. 1, eff

(a) For an outstanding rural scholar to be eligible for a forgivable loan, community sponsorship must include financial support.

(b) Community financial support consists of a commitment to fund 50 percent of the costs of a scholar's tuition, fees, educational materials, and living expenses.

(c) The financial support under this section may be satisfied wholly or partly by a grant, a scholarship, or private foundation support.

(d) Evidence of the financial support must be submitted with a community's nomination.

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