Peace Officer Loan Repayment Assistance Program
Important Coronavirus (COVID-19) Guidance: Last updated 03/17/2020
As we work to ensure the safety and health of our staff, we are committed to continuing service to our customers, but please be aware that you may experience a delay in response. We appreciate your patience and understanding during this time.
Currently we can only receive communications via the following methods:
·You may email us to request assistance.
·You may fax documentation to 512-427-6555.
·You may submit documentation to us using the following email address: firstname.lastname@example.org
The purpose of the Peace Officer Loan Repayment Assistance Program is to assist qualifying peace officers with the repayment of eligible student loans.
Primary Eligibility Requirements
- Be initially appointed as a full-time peace officer on or after September 1, 2019
- Have earned at least 60 semester credit hours, or the equivalent, at an eligible institution of higher education in Texas prior to initial appointment as a peace officer; and
- Be currently employed, and have completed at least one year of employment, as a full-time peace officer in Texas.
To qualify for loan repayment through the Peace Officer Loan Repayment Assistance Program, an individual must meet the definition of “peace officer” as described in Article 2.12, Texas Code of Criminal Procedure
For additional details, please review the program rules: Subchapter H, Texas Administrative Code.
- The annual amount of loan repayment assistance is the lesser of $4,000 or 20 percent of the total of unpaid eligible loan balance;
- The maximum amount of loan repayment assistance is $20,000 over a five-year period;
- An individual may not receive loan repayment assistance for more than five consecutive years;
- Loan repayment awards are contingent upon available funding.
- Loan repayment assistance received will be reported to the Internal Revenue Service.
- Must be evidenced by a promissory note which required the loan proceeds to be used to pay for the cost of attendance at an eligible Texas institution for a semester/term that ended in the five years immediately preceding the individual’s initial appointment as a peace officer;
Must not be in default at the time of the peace officer’s application;
Must not have an existing service obligation; and
- Must not be subject to repayment through another student loan repayment or loan forgiveness program, or as a condition of employment.
Applications for loan repayment assistance based on service as an eligible peace officer September 1, 2019 – August 31, 2020 will not be available until September 1, 2020.
Frequently Asked Questions
I began service as a peace officer prior to September 1, 2019 - am I eligible for loan repayment?
No. Your initial appointment as a peace officer must have begun on or after September 1, 2019.
How are applicants selected?
In the initial year of the program, applications will be selected on a first-come-first-served basis until funds are no longer available. After the initial program year, priority will be given to prior year recipients and initial applications will be selected on a first-come-first-served basis until funds are no longer available.
Do I have to apply each year?
Yes. Applicants who were enrolled in the program with their initial applications must submit a renewal application upon completion of each year of eligible service.
What is considered full-time?
Full-time is at least 40 hours per week for a minimum of 45 weeks per year.
Can I receive payment for part-time?
No. A recipient must be full-time in order to be considered for loan repayment assistance.
Is the percentage of the award amount based on my original loan balance or my current loan balance?
The percentage is based on the verified loan balance at the time of the initial application.
When will I receive my award?
The award will be sent to the lender(s) upon approval of the individual’s application to receive loan repayment assistance.