Texas B-On-Time Loan

The Texas B-On-Time Loan is a no-interest loan for eligible Texas students with the added benefit that if the borrower meets specified goals, the entire loan amount can be forgiven upon graduation. This loan is funded by the State of Texas, with repayment made to Hinson Hazelwood, The Coordinating Board.

Eligibility Requirements:

• Must be a Texas resident (House Bill 1403-B students are not eligible)
• Graduated from public or accredited private high schools in Texas during or after the 2002-2003 academic year or have received an associates degree from an eligible institution no earlier than May 1, 2005. (Home school students are not eligible.)
• Completed the recommended or advanced high school curriculum
• Not earned a bachelor's degree
• Be enrolled full time in an undergraduate degree or certificate program at an eligible institution
• Have completed the FAFSA and be eligible to receive federal financial aid
• Have been certified by the designated school as eligible for Texas B-On-Time Student Loan

Students will be notified via their SHSU student e-mail account and/or permanent phone number as listed with the Registrar's Office if they are eligible to be considered for the Texas B-On-Time Loan.

For more information on this loan program, please visit the Texas Higher Education Coordinating Board's web-site and read their Texas B-On-Time Loan Fact Sheet.