What is the CB loan?

What is the CB loan?

CB Floating Rate Loan means any or all of the Revolving Credit Loans bearing interest based upon the CB Floating Rate.

Is Thecb a federal loan?

The Texas Higher Education Coordinating Board (http://www.thecb.state.tx.us/) is the state-sanctioned student loan resource designed exclusively for the benefit of Texas students.

How does a Cal loan work?

The College Access Loan Program provides alternative educational loans to Texas students who are unable to meet the cost of attendance. 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.

What does the Texas Higher Education Coordinating Board do?

Our Mission The mission of the THECB is to provide leadership and coordination for Texas higher education and to promote access, affordability, quality, success, and cost efficiency through 60x30TX, resulting in a globally competitive workforce that positions Texas as an international leader.

What kind of loan is a college access loan?

The College Access Loan (CAL) Program provides an alternative type of educational loans to Texas students that attend colleges and universities in Texas. Students do not have to demonstrate financial need to receive these loans, which may be used to cover all or part of a student’s Expected Family Contribution (EFC).

Does the state of Texas offer student loans?

Loans are made to full-time students who are U.S. Citizens/Permanent Residents and Texas Residents attending Texas colleges or universities. Loan applications will be considered for undergraduate Juniors, Seniors; and graduate students attending graduate schools.

Do you need cosigner for Cal loan?

You must have submitted a FAFSA or TASFA. Eligibility: The student will be the borrower, and traditional undergraduate student will require a credit-worthy cosigner to qualify. Spouses are not eligible to cosign on this loan.

Are CAL loans subsidized?

College Access Loan (CAL) Certification the amount of any federal Perkins loan and federal Direct Stafford loan (inclusive of subsidized and unsubsidized) that a student borrower is eligible to receive.

What does Thecb stand for?

Texas Higher Education Coordinating Board
The Texas Higher Education Coordinating Board (THECB) was created by the Texas Legislature in 1965 to represent the highest authority in the state in matters of public higher education.

Who regulates higher education in Texas?

It is headquartered at 1200 East Anderson Lane in Austin. THECB determines which Texas public four-year universities are permitted to start or continue degree programs….Texas Higher Education Coordinating Board.

Agency overview
Headquarters Austin, Texas, U.S.
Employees 233
Agency executive Harrison Keller, Commissioner
Website www.highered.texas.gov

How can teachers get rid of student loans?

Under the Teacher Loan Forgiveness Program, if you teach full-time for five complete and consecutive academic years in a low-income school or educational service agency, and meet other qualifications, you may be eligible for forgiveness of up to $17,500 on your Direct Subsidized and Unsubsidized Loans and your …