Sec. 56.001. DEFINITIONS. In this chapter:
(1) "Administering entity" means a governmental entity that administers a student loan, student loan repayment, or scholarship program.
(2) "License" means a license, certificate, registration, permit, or other authorization that:
(A) is issued by a licensing authority; and
(B) a person must obtain to practice or engage in a particular business, occupation, or profession.
(3) "Licensing authority" means a department, commission, board, office, or other agency of the state that issues a license.
(4) "Scholarship contract" means an agreement by this state, an agency of this state, or the United States to make a grant to a person to support the person while attending a public or private institution of higher education or other postsecondary educational establishment in exchange for the person's agreement to perform a service obligation.
(5) "Student loan" means a loan made to a person to support the person while attending a public or private institution of higher education or other postsecondary educational establishment that is:
(A) owed to this state, an agency of this state, or the United States; or
(B) guaranteed by this state, an agency of this state, or the United States.
(6) "Student loan repayment contract" means an agreement by this state, an agency of this state, or the United States to repay all or part of a person's student loan in exchange for the person's agreement to perform a service obligation.
Added by Acts 2001, 77th Leg., ch. 512, Sec. 1, eff. June 11, 2001.
Section: 56.001 56.002 56.003 56.004 56.005 NextLast modified: September 28, 2016