Texas § ED.56.106 - FINANCIAL SUPPORT
Full text of Texas The Texas Constitution § ED.56.106 — FINANCIAL SUPPORT, with citation guidance and answers to common questions.
§ ED.56.106. FINANCIAL SUPPORT
FINANCIAL SUPPORT; COMMITMENT TO PRACTICE IN RURAL COUNTY. (a) To participate in the program, an eligible participant must enter into an agreement with the Texas Higher Education Coordinating Board that: (1) requires the participant to practice veterinary medicine in a rural county for one calendar year for each academic year for which the participant receives financial support under the program; (2) specifies the conditions the participant must satisfy to receive financial support under the program; (3) provides that any financial support the participant receives under the program constitutes a loan until the participant satisfies the conditions of the agreement; and (4) requires the participant to sign a promissory note acknowledging the conditional nature of the financial support received under the program and promising to repay the amount of the financial support, any applicable interest, and reasonable collection costs if the participant does not satisfy the conditions of the agreement. (b) The financial support received by an eligible participant under this subchapter must be used to retire student loan debt or to pay tuition and fees to a college while the eligible participant is enrolled in the college. (c) Financial support from the account shall be awarded as a lump sum payable: (1) to both the participant and the lender or other holder of the affected loan; or (2) directly to the lender or other holder of the affected loan on the participant's behalf. Added by Acts 1999, 76th Leg., ch. 435, Sec. 1, eff. Aug. 30, 1999. Transferred, redesignated and amended from Education Code, Section 88.626 by Acts 2021, 87th Leg., R.S., Ch. 459 (H.B. 1259 ), Sec. 2, eff. September 1, 2021. Amended by: Acts 2023, 88th Leg., R.S., Ch. 1007 (H.B. 2026 ), Sec. 3, eff. June 18, 2023. SUBCHAPTER H. STUDENT LOAN REVENUE BOND PROGRAM
Frequently Asked Questions About Texas § ED.56.106
What does The Texas Constitution § ED.56.106 cover?
Section ED.56.106 ("FINANCIAL SUPPORT") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § ED.56.106?
A common citation format is "The Texas Constitution § ED.56.106" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § ED.56.106 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.