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Texas Education Code

§ 61.9837 — MATHEMATICS AND SCIENCE TEACHER INVESTMENT FUND

ED § 61.9837Title 3. HIGHER EDUCATION · Part B. STATE COORDINATION OF HIGHER EDUCATION · Ch. 61. TEXAS HIGHER EDUCATION COORDINATING BOARD · Art. KK. MATH AND SCIENCE SCHOLARS LOAN REPAYMENT PROGRAM

Statute text

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(a)In this section, "fund" means the mathematics and science teacher investment fund.
(b)The fund is a dedicated account in the general revenue fund and consists of:
(1)gifts, grants, and other donations received for the fund;
(2)any amounts appropriated by the legislature for the fund; and
(3)interest and other earnings from the investment of the fund.
(c)The fund may be used only to provide repayment assistance for the repayment of loans eligible under Section 61.9835, including related administrative costs.

Legislative history

Acts 2015, 84th Leg., R.S., Ch. 242 (S.B. 686), Sec. 3, eff. September 1, 2015. Acts 2015, 84th Leg., R.S., Ch. 242 (S.B. 686), Sec. 5, eff. September 1, 2015. Redesignated from Education Code, Subchapter II, Chapter 61 by Acts 2015, 84th Leg., R.S., Ch. 1236 (S.B. 1296), Sec. 21.001(16), eff. September 1, 2015.