19 Tex. Admin. Code § 22.66 - Loan Repayment Deferral and Forgiveness
(a) An institution may extend the time for
repayment of loans for students who enroll in graduate or professional degree
programs for up to three years, but not longer than one year beyond the time
when the student fails to be enrolled in the institution on at least a
half-time basis.
(b) An institution
shall forgive an emergency loan to an individual who has been certified by a
physician as having a total and permanent disability. Total and permanent
disability means the borrower is:
(1) unable
to engage in any substantial gainful activity by reason of a medically
determinable physical or mental impairment that can be expected to result in
death, that has lasted for a continuous period of not less than 60 months, or
that can be expected to last for a continuous period of not less than 60
months, or
(2) the applicant is a
veteran who has been determined by the Secretary of Veterans Affairs to be
unemployable due to a service-connected disability.
(c) An institution shall maintain
documentation justifying the deferral of repayments or the forgiveness of
emergency loans for review by the State Auditor.
Notes
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