(a) The Teach for Texas Conditional Grant becomes a loan and shall be reported to credit reporting agencies when the recipient fails to:
  (1) remain enrolled at least half-time in an eligible educator certification program;
  (2) make satisfactory academic progress in the educator certification program;
  (3) complete the educator certification program within the three-year grant eligibility period;
  (4) be certified as a teacher within eighteen months after the program completion date;
  (5) begin the service obligation within eighteen months after the program completion date;
  (6) maintain continuous full-time teaching and complete the five-year teaching obligation within six years of beginning the service obligation period; or
  (7) provide a regular, periodic report of enrollment or employment status and location to the Board within a reasonable period of time as determined by the Board.
(b) Recipients must sign a promissory note acknowledging the conditional nature of the grant and promising to repay the outstanding principal, interest, and reasonable collection costs, if the grant conditions are not fulfilled.

Source Note: The provisions of this §22.635 adopted to be effective November 26, 2001, 26 TexReg 9614; transferred effective June 1, 2017, as published in the Texas Register May 19, 2017, 42 TexReg 2739