19 Tex. Admin. Code § 22.46 - Eligibility of Students
(a) Subject to the
requirement in subsection (b) of this provision, the Commissioner may
authorize, or cause to be authorized, Hinson-Hazlewood College Student Loans to
students at any eligible institution which certifies that the student meets
program qualifications, if the student:
(1)
is a resident of Texas as defined in these regulations;
(2) has been accepted for regular,
non-probationary enrollment at an eligible institution and is adjudged by the
institution to have the ability to benefit from the instruction or training to
be provided; or, in the case of a student already attending such institution,
is in good standing and is making satisfactory progress toward his or her
educational goals as determined by the institution;
(3) is enrolled in at least one half of the
normal full-time course workload as determined by the institution;
(4) has provided the Board with a statement
of the estimated cost of attendance at the institution for that
student;
(5) has insufficient
resources to finance his or her education;
(6) has provided information on two
references who live at separate addresses and are expected to know the
student's current address at all times throughout the life of the
loan;
(7) has signed a promissory
note acknowledging his or her obligations and responsibilities to the
fund;
(8) for CAL, has received a
favorable evaluation of his/her credit report or has obtained the signature of
a qualified cosigner/accommodation party who has received a favorable
evaluation of his/her credit report;
(9) for FSLP, has been issued or will be
issued a student loan under any loan program administered by the
Board.
(b) When
certifying a non-guaranteed loan, the institution shall certify that the amount
of the loan does not exceed the difference between the cost of attendance and
the financial resources available to the applicant, including the applicant's
scholarships, gifts, grants, and other financial aid. The student's maximum
eligibility for Federal Direct Loans, with the exception of Federal Plus loans,
must be considered as other financial aid, whether or not the student actually
receives such assistance.
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.