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Texas Education Code

§ 132.158 — PROHIBITION AGAINST CERTAIN ACTIVITIES BY FINANCIAL AID EMPLOYEES

ED § 132.158Title 3. HIGHER EDUCATION · Part G. NON-BACCALAUREATE SYSTEM · Ch. 132. CAREER SCHOOLS AND COLLEGES · Art. F. PROHIBITED ACTS

Statute text

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(a)In this section:
(1)"Student loan" means a loan for which the loan agreement requires that all or part of the loan proceeds be used to assist a person in attending an institution of higher education or other postsecondary institution, including a career school or college.
(2)"Student loan lender" means a person whose primary business is:
(A)making, brokering, arranging, or accepting applications for student loans; or
(B)a combination of activities described by Paragraph (A).
(b)A person employed by a career school or college in the financial aid office of the school or college may not:

Legislative history

Added by Acts 2009, 81st Leg., R.S., Ch. 1344 (S.B. 194), Sec. 2, eff. June 19, 2009.