Texas Administrative Code
Title 19 - EDUCATION
Part 1 - TEXAS HIGHER EDUCATION COORDINATING BOARD
Chapter 22 - STUDENT FINANCIAL AID PROGRAMS
Subchapter I - TEXAS ARMED SERVICES SCHOLARSHIP PROGRAM
Section 22.168 - Promissory Note
Universal Citation: 19 TX Admin Code ยง 22.168
Current through Reg. 49, No. 38; September 20, 2024
(a) The Board shall require a recipient to sign a promissory note acknowledging the conditional nature of the scholarship and promising to repay the amount of the scholarship plus applicable interest, late charges, and any collection costs, including attorneys' fees, if the recipient fails to meet certain conditions of the scholarship, set forth in § 22.170 of this subchapter (Conversion of the Scholarship to a Loan).
(b) Recipients agree to:
(1) Complete four years of ROTC training, or
the equivalent of four years of ROTC training if the institution of higher
education awards ROTC credit for prior service in any branch of the U.S. Armed
Services or the Texas Army National Guard, Texas Air National Guard, Texas
State Guard, United States Coast Guard, or United States Merchant Marine, or
another undergraduate officer commissioning program;
(2) Graduate no later than six years after
the date the student first enrolls in an institution of higher education after
having received a high school diploma or a General Educational Diploma or its
equivalent;
(3) After graduation,
enter into and provide the Board with verification of:
(A) A four-year commitment to be a member of
the Texas Army National Guard, Texas Air National Guard, Texas State Guard,
United States Coast Guard, or United States Merchant Marine; or
(B) A contract to serve as a commissioned
officer in any branch of the armed services of the United States;
(4) Meet the physical examination
requirements and all other prescreening requirements of the Texas Army National
Guard, Texas Air National Guard, Texas State Guard, United States Coast Guard,
or United States Merchant Marine, or the branch of the armed services with
which the student enters into a contract; and
(5) Repay the scholarship according to the
terms of the promissory note if the student fails to meet the requirements
described in §
22.170
of this subchapter (relating to Conversion of the Scholarship to a
Loan).
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