Sec. 52.33. AMOUNT OF LOAN. The amount of the loan to any qualified applicant shall be limited to the difference between the financial resources available to the applicant, including the applicant's scholarships, gifts, grants, and other financial aid, and the amount necessary to pay the applicant's reasonable expenses as a student at the participating institution of higher education where the applicant has been accepted for enrollment, under the rules and regulations adopted by the board. The total loan to any individual student may never be more than the amount the student can reasonably be expected to repay in the maximum loan period provided by board rule, except as otherwise provided for in this chapter.
Acts 1971, 62nd Leg., p. 3072, ch. 1024, art. 1, Sec. 1, eff. Sept. 1, 1971. Amended by Acts 1987, 70th Leg., 2nd C.S., ch. 23, Sec. 2, eff. Aug. 3, 1987.
Amended by:
Acts 2005, 79th Leg., Ch. 1181 (S.B. 1227), Sec. 7, eff. September 1, 2005.
Acts 2019, 86th Leg., R.S., Ch. 325 (H.B. 4465), Sec. 4, eff. September 1, 2019.
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