Issue Date: | |
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Revised Date: | 2017-12-21 |
Legal Citations
- Texas Constitution art. III sec. 50b-4, art. III sec. 50b-5, art. III sec. 50b-6, art. III sec. 50b-7
- Education Code sec. 52.17, sec. 52.38, sec. 52.90
Object Type
Cash — Education
Origin Date
November 2, 1965
Description
Receipts from the repayment of college student loans as stated in the student loan contract.
Due Date
Payments begin on monthly basis four months after date of last enrollment.
Collecting Agencies
Deposit Funds
- 0001 – General Revenue Fund
- GR Account - 0237 – Texas State Technical College System Current
- 0387 – Texas Opportunity Plan Fund
- 0601 – Student Loan Auxiliary Fund
- 0697 – Student Loan Revenue Bond Fund
Amount needed to retire bonds transferred to Texas College Student Loan Bonds Interest and Sinking Fund (No. 0388) (R/C 3972)
Note
Future Teachers Loans added by H.B.72, 68th Leg., 2nd C.S.
Previously deposited to the Future Teacher Loan Fund (0532), abolished August 31, 1995 per § 403.094, Government Code. deposit changed to General Revenue.
USAS Values
Appropriation Year | 25 |
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USAS Title | REPAY-COLLEGE STUDENT LOANS |
Receipt Category | 11 – Education |
Receipt Type | 90 – Other Receipts |
Object Group | 12 – Loans - Revenue Objects |
USAS Status | A |
Rev/Exp Category | 05 – OTHER REVENUE |