- (a) Repayment Period. All loans shall be repaid in accordance with the statutes and regulations governing the Health Education Assistance Loan Program, authorized by the Public Health Service Act, as amended, 42 U.S.C. §§292 - 292y.
- (b) Minimum Repayment Amount. The Coordinating Board shall provide a repayment schedule in which all of a borrower's HEAL loans are treated as one account, and the repayment amount shall be calculated to repay the full amount over the maximum authorized period. The minimum annual repayment shall not be less than the amount provided by 42 USCS 292(d).
- (c) Enforcement of Collection. When a borrower defaults on a HEAL account, the Board may file suit in order to perfect a default claim with the appropriate guarantor.
Source Note:The provisions of this §24.85 adopted to be effective November 13, 2025, 50 TexReg 7280.