Eligibility is determined by the school's office of financial aid and the loans are guaranteed by the Texas Guaranteed Student Loan Corporation. Repayment begins six months following graduation or when at least half-time enrollment ends. Subsidized Stafford Loan - The federal government pays the interest while the student is in school or during the grace period. This loan is need-based. The Parent Plus Loan is available to parents for funding their children's education expenses.
Eligibility is determined by the school's office of financial aid.
The loan is guaranteed by Texas Guaranteed Student Loan Corporation. Repayment can start immediately or be deferred until 60 days after last disbursement. Up to 10 years to repay. All interest is liability of parent and the maximum repayment term is 10 years. Government does not pay interest while student is in school.