A Brief Look at...the Texas B-On-Time Loan Program. Research Report

Autor/in	Shook, Melissa
Institution	Texas Guaranteed Student Loan Corporation
Titel	A Brief Look at...the Texas B-On-Time Loan Program. Research Report
Quelle	(2012), (4 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
Schlagwörter	Student Financial Aid; Student Loan Programs; State Aid; Time to Degree; Graduation; Undergraduate Students; Eligibility; Texas + Suchen Sie Ihr Suchwort? Finanzielle Beihilfe; Studienfinanzierung; Studienförderung; Abschluss; Graduierung; Eignung
Abstract	The Texas B-On-Time (BOT) Loan Program is a unique state aid program intended to increase access to higher education in Texas and encourage on-time graduation. This state student loan may be completely forgiven if the otherwise eligible borrower completes his or her degree on time. The BOT Loan Program was developed in response to low on-time graduation rates; as of 2003, less than 50% of Texas students were graduating within 6 years of entering college. With the creation of this bill, State Senator Judith Zaffirini (D-Laredo) aimed to increase the return on college investment by motivating students to graduate on time and therefore spend less money on their education. A secondary goal of this program is to help prevent overcrowding at public universities in Texas by creating vacancies as more students graduate in less time (Holdsworth, 2004). This paper discusses the following: (1) Eligibility requirements; (2) Renewal eligibility; and (3) Forgiveness requirements of the loan program. (ERIC).
Anmerkungen	TG (Texas Guaranteed Student Loan Corporation). PO Box 83100, Round Rock, TX 78683. Tel: 800-252-9743; Tel: 512-219-5700; Web site: http://www.tgslc.org
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10