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Tex. Government Code § 487.106

ELIGIBILITY FOR LOANS; RURAL COMMUNITY FINANCIAL SUPPORT

Texas · Texas Government Code · Status: effective

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Tex. Government Code § 487.106, ELIGIBILITY FOR LOANS; RURAL COMMUNITY FINANCIAL SUPPORT, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/655032
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(a) For an outstanding rural scholar to be eligible for a forgivable loan, community sponsorship must include financial support. (b) Community financial support consists of a commitment to fund 50 percent of the costs of a scholar's tuition, fees, educational materials, and living expenses. (c) The financial support under this section may be satisfied wholly or partly by a grant, a scholarship, or private foundation support. (d) Evidence of the financial support must be submitted with a community's nomination.