Math and Science Scholars Loan Repayment Program

The purpose of the Math and Science Scholars Loan Repayment Program is to encourage teachers who demonstrated high academic achievement as math or science majors, to teach math or science in Texas Public Schools for eight years, the first four of which are at Texas public schools that receive federal funding under Title I, Elementary and Secondary Education Act of 1965.

 

Eligibility Requirements

To be eligible for the Texas Higher Education Coordinating Board (THECB) to conditionally approve an application and encumber loan repayment funds, a teacher must:

 

For additional details, please review the administrative rules for the program.

 

How to Apply

The application period for the 2018-2019 school year is July 1, 2018 through August 31, 2018.
To download the fillable application form, go to the Math and Science Scholars Loan Repayment Program Application for Enrollment.  Applications must be received in our office or post marked no later than August 31, 2018 to be considered.

 

Award Amount

Up to $5,000. 


Repayment under this program will be reported as taxable income to the Internal Revenue Service by the Texas Higher Education Coordinating Board.

 

Eligible Loan

 

Frequently Asked Questions

Do I have to commit to eight years of service?
     Yes. You agree to provide eight years of service.  The first four years of service must be in a Texas public school that receives federal funding under Title I, while the other four years may be in any public school in Texas.  You will be released from the agreement if funding for the program is discontinued.

What happens if I leave the program?  Do I have to pay back any money I received?
     No, You will not be required to pay back any funds received if you leave the eligible school, move to another state, or fail to meet any of the program requirements. You will be removed from the program and will not be allowed to apply for any loan repayment programs offered by the State of Texas.

What is considered a full-time classroom teacher?
     Teaching a minimum of four hours a day. 

When will I receive my award?
     The award will not be forwarded to your loan holder until you have completed one service period and all program requirements have been met.  Approximately 30 days before the end of the service period, an Application for Payment will be emailed to you.