Sec. 52.321. STANDARDS CONCERNING ABILITY TO REPAY CERTAIN LOANS. In establishing requirements to be met by applicants for student loans authorized by the board under this chapter, the board may not establish standards relating to demonstration of ability to repay a federally insured student loan that are stricter for a certain class of applicants than for other applicants, except in cases where the applicant attends a school with a loan default rate of 15 percent or more.
Added by Acts 1989, 71st Leg., ch. 1084, Sec. 2.02, eff. Sept. 1, 1989.
Structure Texas Statutes
Subtitle A - Higher Education in General
Chapter 52 - Student Loan Program
Section 52.31. Participating Institutions
Section 52.32. Qualifications for Loans
Section 52.321. Standards Concerning Ability to Repay Certain Loans
Section 52.335. Required Loan Debt Disclosure
Section 52.34. Payments to Student
Section 52.36. Loan Interest and Fees
Section 52.38. Repayment of Loans
Section 52.41. Servicing of Certain Federally Insured Student Loans