Texas Education Code

§ 56.0092 — TEXAS B-ON-TIME STUDENT LOAN ACCOUNT; FORMER LOAN PROGRAM CONTINUED IN EFFECT FOR CERTAIN ACADEMIC YEARS ONLY

ED § 56.0092Title 3. HIGHER EDUCATION · Part A. HIGHER EDUCATION IN GENERAL · Ch. 56. STUDENT FINANCIAL ASSISTANCE · Art. A. GENERAL PROVISIONS

Statute text

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(a)The Texas B-On-time student loan account previously established by former Section 56.463 continues as an account in the general revenue fund. The account consists of:

(1)gifts and grants;

(2)any legislative appropriations received for the purpose of awarding Texas B-On-time student loans to students who qualify and establish eligibility for the loans as described by Subsection (c) and for discharging any other remaining obligations under the former Texas B-On-time student loan program;

(3)tuition set aside under Section 56.465, as that section existed immediately before September 1, 2015, for a semester or term occurring before the 2015 fall semester;

(4)bond proceeds deposited under Section 52.91(a); and

(5)any other money in the account on September 1, 2015.

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Legislative history

Acts 2019, 86th Leg., R.S., Ch. 634 (S.B. 1504), Sec. 1, eff. June 10, 2019. Acts 2019, 86th Leg., R.S., Ch. 1173 (H.B. 3317), Sec. 9(a), eff. June 14, 2019.