19 Tex. Admin. Code § 22.44 - Definitions
In addition to the words and terms defined in Texas Administrative Code, § 22.1 of this title (relating to Definitions) the following words and terms, when used in this subchapter, shall have the following meanings, unless the context clearly indicates otherwise.
(1) Alternative Educator
Certification Program--an approved educator preparation program, delivered by
entities approved by the State Board for Educator Certification under the
provisions of Texas Administrative Code, §
228.10 of this title (relating to
Approval Process), specifically designed as an alternative to a traditional
undergraduate certification program, for individuals already holding at least a
baccalaureate degree.
(2) CAL
--College Access Loan Program.
(3)
Cosigner/Accommodation Party--one who signs a student loan promissory note and
thereby assumes liability for the debt and all fees and expenses associated
with the note, who is not a direct beneficiary of the proceeds of the
loan.
(4) Default--the failure of a
borrower and cosigner, if any, to make loan installment payments when due for a
total of 180 days for CAL and HELP loans and 270 days for FFELP and HEAL
loans.
(5) Deferment--any period
during which a borrower, upon adequate showing of entitlement under the terms
of the particular lending program, shall be eligible to suspend
payments.
(6) FFELP--the Federal
Family Education Loan Program, formerly the Guaranteed Student Loan Program,
authorized by the Higher Education Act of 1965, as amended,
20
U.S.C. §§
1071-
1087-4.
Included in the FFELP are Federal Stafford Loans and Federal Supplemental Loans
for Students.
(7)
Forbearance--discretionary permission from the Commissioner or his designees
that allows a borrower to cease payments temporarily, or allows an extension of
time for making payments, or temporarily reduces the payment amount from the
amount that was previously scheduled.
(8) FSL--the Robert T. Stafford Federal
Student Loan Program to be known as "Federal Stafford Loans," formerly known as
Stafford Loans and Guaranteed Student Loans, which included Federal Insured
Student Loans. FSLs are made under provisions of the Federal Family Education
Loan Program; but, for purposes of this subchapter, the acronym FSL will
designate those rules specific to FSL.
(9) FSLS--Federal Supplemental Loans for
Students, formerly known as Supplemental Loans for Students and Auxiliary Loans
for Students. The FSLS are made under provisions of the Federal Family
Education Loan Program; but, for purposes of this subchapter, the acronym FSLS
will designate those rules specific to FSLS.
(10) Fund--the Texas Opportunity Plan Fund as
created by the Constitution of the State of Texas, Article III, 50b; the
Student Loan Revenue Bond Fund authorized in the Texas Education Code, Chapter
56, Subchapter H; and/or the Student Loan Auxiliary Fund, authorized in the
Texas Education Code, Chapter 52, Subchapter F.
(11) HEAL --Health Education Assistance Loan
Program authorized by the Public Health Service Act, as amended,
42 U.S.C. §§
292-
292y.
(12) HELP--Health Education Loan
Program.
(13) Hinson-Hazlewood
College Student Loan Program, or Program--the commonly used name for the Board
program which provides and administers FFELP, CAL, HEAL, and HELP student loans
under the authority of Texas Education Code, §§
52.31 -
52.40.
(14) Regional Education Service Center--a
center established and operated by the Commissioner of Education under Texas
Education Code, Chapter 8.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.