Texas Education Code - Section 52.56. Annual Report
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§ 52.56. ANNUAL REPORT. (a) The board shall make a report
of the operations of the Texas Opportunity Plan and of the student
loan auxiliary fund to the governor annually and to the legislature
not later than December 1 prior to the regular session of the
legislature.
(b) The report shall include, for the state as a whole and
for each participating institution, the following information:
(1) the number of loans;
(2) the maximum loan;
(3) the minimum loan;
(4) the total amount of loans made;
(5) a list of persons who have failed or refused to
make as many as six monthly payments on any note, showing the amount
due and the person's last known address; and
(6) any other information that will describe the
effectiveness of the loan program.
(c) The board shall include in its annual report under this
section a report of the loans authorized by the board that are in
default. The board shall report the data concerning any loans in
default in a form that is similar to the reporting of loan default
data by the Texas Guaranteed Student Loan Corporation for a
commercial lender participating in the student loan program under
Chapter 57 of this code.
Acts 1971, 62nd Leg., p. 3072, ch. 1024, art. 1, § 1, eff. Sept.
1, 1971. Amended by Acts 1989, 71st Leg., ch. 1084, § 2.07, eff.
Sept. 1, 1989; Acts 1991, 72nd Leg., 2nd C.S., ch. 5, § 5.
Section: 52.51 52.52 52.521 52.53 52.54 52.541 52.55 52.56 52.61 52.62 52.63 52.64 52.65 52.66 52.67
Last modified: August 10, 2007
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