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Rule §21.236 Period Of Loans

Published: 2015

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Except as provided in §21.238 of this title (relating to Repayment under Provisions of Public Law 89-239, the Higher Education Act of 1965, of Loans of Deceased or Disabled Borrowers), the principal amounts of all authorized loans shall be repaid in installments over a period of not less than five years (unless sooner repaid) nor more than 10 years, beginning not earlier than six months nor later than nine months after the date on which the student ceases to carry at an eligible institution at least one half the normal full-time academic workload as determined by the institution.

Source Note: The provisions of this §21.236 adopted to be effective December 17, 1984, 9 TexReg 6130.