College Access Loan (CAL) Program

The College Access Loan Program provides alternative educational loans to Texas students who are unable to meet the cost of attendance. Cost of attendance is an institution's estimate of the expenses incurred by a typical financial aid recipient in attending a particular institution of higher education. It includes direct educational costs (tuition and fees) as well as indirect costs (room and board, books and supplies, transportation, and personal expenses, and other allowable costs for financial aid purposes).

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. Effective September 1, 2023, the Texas Higher Education Coordinating Board is required to calculate the final loan amount based on a student's "manageable debt" for the borrower's program of study (see amounts) on College Access Loan (CAL) applications (see TAC, Section 22.49(c)).


Student 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



Note: Borrowers who enroll in the automatic debit or Automatic Clearinghouse (ACH) payment service receive a 0.25% interest rate reduction on the interest rate of each applicable loan in repayment.


How Can I Apply?

You can apply at Apply Online.


Where Can I Get More Information?

Review Coordinating Board Rules, Chapter 22, Subchapter C  and the Texas Education Code, Chapter 52, or contact our Borrower Services Department: