Tex. Educ. Code Section 1001.404
Interest on Refund

(a)

If a refund is not timely made, the driver training provider shall pay interest on the amount of the refund. Interest begins to accrue on the first day after the expiration of the refund period and ends on the day preceding the date the refund is made.

(b)

The department shall establish annually the rate of interest for a refund at a rate sufficient to provide a deterrent to the retention of student money.

(c)

The department may except a driver training provider from the payment of interest if the provider makes a good-faith effort to refund tuition, fees, and other charges but is unable to locate the student to whom the refund is owed. On request of the department, the driver training provider shall document the effort to locate a student.
Added by Acts 2003, 78th Leg., ch. 1276, Sec. 6.012(a), eff. Sept. 1, 2003.
Amended by:
Acts 2015, 84th Leg., R.S., Ch. 1044 (H.B. 1786), Sec. 49, eff. September 1, 2015.
Acts 2021, 87th Leg., R.S., Ch. 663 (H.B. 1560), Sec. 5.50, eff. September 1, 2021.

Source: Section 1001.404 — Interest on Refund, https://statutes.­capitol.­texas.­gov/Docs/ED/htm/ED.­1001.­htm#1001.­404 (accessed May 26, 2025).

1001.001
Definitions 1001.002
Exemptions 1001.003
Legislative Intent Regarding Small Businesses 1001.004
Cost of Administering Chapter 1001.005
Reference in Rules and Agency Materials 1001.051
Jurisdiction over Providers 1001.052
Rules 1001.053
Powers and Duties of Department, Commission, and Executive Director 1001.054
Rules Restricting Advertising 1001.055
Driver Education Certificates and Certificate Numbers 1001.056
Uniform Certificates of Course Completion 1001.057
Electronic Transmission of Driving Safety Course Information 1001.058
Advisory Committee 1001.059
Department Driver Education Course for Deaf or Hard of Hearing Students 1001.060
Coordination with Department of Public Safety 1001.101
Adult and Minor Driver Education Course Curriculum and Textbooks 1001.102
Alcohol Awareness Information 1001.104
Hospital and Rehabilitation Facilities 1001.105
Texas Department of Insurance 1001.106
Information Relating to Railroad and Highway Grade Crossing Safety 1001.107
Information Relating to Litter Prevention 1001.108
Information Relating to Anatomical Gifts 1001.109
Information Relating to Traffic Stops 1001.110
Information Relating to Driving Distractions 1001.112
Parent-taught Driver Education 1001.151
Application, License, and Registration Fees 1001.201
License Required 1001.202
Locations for In-person Driver Education Providers 1001.204
Requirements for Driver Education Provider License 1001.206
Requirements for Driving Safety Provider License 1001.207
Bond Requirements: Driver Education Provider 1001.209
Bond Requirements: Driving Safety Provider 1001.210
Alternate Form of Security 1001.211
Issuance and Form of License 1001.213
License Not Transferable 1001.214
Duplicate License 1001.251
License Required for Instructor 1001.255
Regulation of Certain Driver Education Instructors 1001.301
Expiration of Driver Training Provider License 1001.302
Expiration of Driver Education Instructor License 1001.351
Driving Safety Provider Responsibilities 1001.352
Fees for Driving Safety Course 1001.353
Driver Training Course at Public or Private School 1001.355
Withholding Certain Records 1001.356
Requirement to Carry License 1001.357
Contract with Unlicensed Driver Training Provider 1001.401
Cancellation and Settlement Policy 1001.402
Termination Policy 1001.403
Refund for Discontinued Course 1001.404
Interest on Refund 1001.405
Applicability to Parent-taught Driver Education Provider 1001.451
Prohibited Practices 1001.452
Course of Instruction or Provision of Materials 1001.453
Distribution of Written Information on Driving Safety Provider 1001.455
Denial, Suspension, or Revocation of Driver Education Instructor License 1001.554
General Criminal Penalty 1001.555
Unauthorized Transfer or Possession of Certificate 1001.1015
Adult Driver Education Course Curriculum and Educational Materials 1001.1016
Accommodation for Deaf or Hard of Hearing Students 1001.1017
Course Approval 1001.1021
Human Trafficking Prevention Information 1001.1022
Information Relating to Street Racing 1001.1025
Motorcycle Awareness Information 1001.1091
Information Relating to Child Passenger Safety Seat Systems 1001.1092
Information Relating to Oversize and Overweight Vehicles 1001.1101
Information Relating to Passing Certain Vehicles 1001.2041
Requirements for In-person Driver Education Provider 1001.2042
Requirements for Online Driver Education Provider 1001.2043
Requirements for Parent-taught Driver Education Provider 1001.2511
National Criminal History Record Information Review for Driver Education Instructors 1001.2512
Fees for Criminal History Record Information Review 1001.2513
Confidentiality of Information 1001.2514
License Holders and Applicants Convicted of Certain Offenses 1001.2531
Driver Education Instructor Requirements 1001.10161
Driving with Disability Program Information
Green check means up to date. Up to date

Verified:
May 26, 2025

§ 1001.404. Interest on Refund's source at texas​.gov