Educ. Code Section 61.9835
(a)The board may provide repayment assistance under this subchapter for the repayment of any student loan that:
(1)is for education at:
(A)a public or private institution of higher education; or
(B)a nonprofit, tax-exempt, regionally accredited college or university operating in accordance with a memorandum of understanding with this state under an executive order issued by the governor; and
(2)is received by an eligible person through an eligible lender.
(b)If the loan is not a state or federal guaranteed student loan, the note or other writing governing the terms of the loan must require the loan proceeds to be used for expenses incurred by a person in attending a postsecondary educational institution.
(c)The board may not provide loan repayment assistance under this subchapter for a student loan that is in default at the time of the person’s application for repayment assistance.
Section 61.9835 — Eligible Loans,
https://statutes.capitol.texas.gov/Docs/ED/htm/ED.61.htm#61.9835 (accessed Dec. 2, 2023).