Sec. 487.154. LOANS. (a) The department may award forgivable educational loans to eligible students under this subchapter.
(b) The department may award forgivable loans to eligible students based on the availability of money in the fund.
(c) If in any year the fund is inadequate to provide loans to all eligible students, the department may award forgivable loans on a priority basis according to the students' academic performance, test scores, and other criteria of eligibility.
Added by Acts 2001, 77th Leg., ch. 1424, Sec. 1, eff. Sept. 1, 2001.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 1241 (H.B. 2542), Sec. 23, eff. June 15, 2007.
Acts 2013, 83rd Leg., R.S., Ch. 148 (H.B. 1493), Sec. 15, eff. September 1, 2013.
Structure Texas Statutes
Subtitle F - Commerce and Industrial Development
Chapter 487 - Office of Rural Affairs in Department of Agriculture
Subchapter E. Health Careers Promotion and Education Program
Section 487.152. Administration
Section 487.153. Health Careers Promotion
Section 487.155. Student Eligibility
Section 487.156. Community Eligibility
Section 487.157. Amount of Loan
Section 487.158. Required Contract
Section 487.159. Loan Forgiveness
Section 487.161. Reporting; Monitoring