The purpose of the Border County Doctoral Faculty Education Loan Repayment Program is to recruit and retain persons holding the doctorate as full-time faculty with instructional duties at Texas institutions of higher education located in counties that border Mexico.
ELIGIBILITY REQUIREMENTS
ELIGIBLE INSTITUTIONS OF HIGHER EDUCATION LOCATED IN COUNTIES THAT BORDER MEXICO
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El Paso Community College |
El Paso, TX |
El Paso County |
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Laredo Community College |
Laredo, TX |
Webb County |
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South Texas Community College |
McAllen, TX |
Hidalgo County |
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Sul Ross State University |
Alpine, TX |
Brewster County |
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Texas State Technical College - Harlingen |
Harlingen, TX |
Cameron County |
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Texas Southmost College |
Brownsville, TX |
Cameron County |
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Texas A&M International University |
Laredo, TX |
Webb County |
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University of Texas - Brownsville |
Brownsville, TX |
Cameron County |
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University of Texas - El Paso |
El Paso, TX |
El Paso County |
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University of Texas - Pan American |
Edinburg, TX |
Hidalgo County |
SERVICE PERIOD
The year of service begins on September 1 and ends on May 31.
ANNUAL LOAN AMOUNTS
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The maximum annual state funded loan repayment for an eligible faculty member is $5,000. |
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The maximum number of years a person may be eligible to receive loan repayment is 10 years. |
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Repayment under this program is considered TAXABLE INCOME by the Internal Revenue Service and will be reported as such by the Texas Higher Education Coordinating Board. |
LOANS ELIGIBLE FOR REPAYMENT
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Have been granted for undergraduate or graduate education at a public or private independent institution of higher education as required by program rules, and as defined in Section 61.003, of the Texas Education Code, or at an out-of-state institution that is accredited by a recognized accrediting agency; and |
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Must not be in default at the time the application is received |
Applications are processed through the institutions named above. The President of the university or college will determine which of their eligible faculty members may apply for loan repayments. Renewal applicants will be given first consideration. Selected candidates may remain eligible for a maximum of 10 years, contingent upon availability of funds.
For more information, please visit our web site www.collegefortexans.com, or call the
THECB Loan Services at 1-800-242-3062 (outside Austin), or at 512-427-6340
(Austin area).
A person submitting misleading or fraudulent information to the Texas Higher Education Coordinating Board in an attempt to obtain financial aid is subject to criminal prosecution. Please contact the Fraud Hotline to report suspected fraud.
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