Texas Higher Education Coordinating Board Student Loans

Search:


College Access Loan (CAL) Program

Online Loan Applications Unavailable: Beginning at 5:00 p.m. CST, March 31, 2017, customers will be unable to initiate online loan applications due to system maintenance. This service will resume at 8:00 a.m. CST, April 10, 2017.

 

The College Access Loan Program provides alternative educational loans to Texas students who are unable to meet the cost of attendance. The CAL may be used to cover part or all of the student's Expected Family Contribution (EFC). The amount of federal aid that a student is eligible for (regardless of whether actually accepted) must be deducted from the cost of attendance in determining the CAL loan amount.

Eligibility Requirements

Students must

Annual Loan Amounts

Cosigner Eligibility Requirements

Cosigners must

Favorable Credit Evaluation Requirements

Students or cosigners must

In line with financial industry practice, Texas Higher Education Coordinating Board reports account obligations to the credit reporting agencies. The reporting is at the loan level, with each loan reported as a tradeline. Cosigners are equally responsible for the repayment of the loan if the student fails to meet his or her repayment obligation.

Interest Rate

Repayment

How Can I Apply?

You can apply at Loans Online.

Where Can I Get More Information?

For more information, review Coordinating Board Rules, Chapter 21, Subchapter C, and the Texas Education Code, Chapter 52, or contact our Borrower Services Department at:

Austin Metro: (512) 427-6340
Outside Austin Metro: (800) 242-3062
Email: Borrower Services