Texas Education Code

§ 52.321 — STANDARDS CONCERNING ABILITY TO REPAY CERTAIN LOANS

ED § 52.321Title 3. HIGHER EDUCATION · Part A. HIGHER EDUCATION IN GENERAL · Ch. 52. STUDENT LOAN PROGRAM · Art. C. STUDENT LOANS

Statute text

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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.

Legislative history

Added by Acts 1989, 71st Leg., ch. 1084, Sec. 2.02, eff. Sept. 1, 1989.