NOTE: Information about your loans will be reported to the National Student Loan Data System (NSLDS). Information in NSLDS is accessible to schools and loan servicers for specific purposes as authorized by the Department of Education. Additional details regarding the Federal Direct Loan Program may be found at studentloans.gov.
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TEXAS B-ON-TIME LOAN PROGRAM: loans 22.333: continued eligibility for loans 22.334: disbursement to Students 22.335: Hardship Provisions 22.336: Loan Amountand Purpose 22.330: Definitions 22.331: Institutions 22.332: Initial Eligibility for
Texas B-On-Time Loan. The Texas B-On-Time Loan is a zero-interest loan for eligible Texas students. The entire amount borrowed can be forgiven provided that the borrower meets the forgiveness requirements. This loan is funded by the state of Texas and repayment is made to the texas higher education coordinating Board.
Home > Repaying Your Student Loans. The Texas B-On-Time Loan may be forgiven if certain requirements are met. If your loan is not forgiven, you can find the balance that is owed by signing in to your Texas higher education coordinating board account.
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The Texas B-On-Time (BOT) Loan is a zero percent interest loan. Forgiveness is available upon graduation if a student meets specific requirements. This loan is no longer being awarded to new borrowers. Eligibility. Be a full time undergraduate student. If you are enrolled in less than 12 credit hours, contact us about a Hardship Appeal form.
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TEXAS B-ON-TIME LOAN. The purpose of the Texas B-On-Time Loan program is to provide eligible Texas students zero interest loans to attend colleges and universities in Texas. If the student meets specific goals, the entire loan amount can be forgiven upon graduation. Forgiven loans must be reported to the IRS as taxable income.
The Texas B-On-Time Loan is a great program and students are encouraged to participate in the program. For more information visit the TWU Financial Aid Student Loans guide or visit the official Texas Higher Education Coordinating Board website at: HH Loans.com .