19 Tex. Admin. Code § 22.637 - Repayment of Loans

(a) The Teach for Texas Conditional Grant shall be repaid in installments over a period of not more than ten years from the date the grant becomes a loan.
(b) A recipient shall begin making payments within sixty days of the date on which the Teach for Texas Conditional Grant becomes a loan.
(c) The repayment amount shall be based upon the proportion of the remaining unfulfilled service obligation.
(d) The minimum repayment amount is $1,200 annually or an amount required to repay the loan within 10 years, whichever is greater.

Notes

19 Tex. Admin. Code § 22.637
The provisions of this §22.637 adopted to be effective November 26, 2001, 26 TexReg 9614; transferred from 21.442 Texas Register, Volume 42, Number 20, May 19, 2017, TexReg 2739, eff. 5/22/2017

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