An education loan eligible for repayment is one that:
  (1) was obtained through an eligible lender for education costs at any public or private institution of higher education;
  (2) is not a loan made to oneself from one's own insurance policy or pension plan or from the insurance policy or pension plan of a spouse or other relative;
  (3) does not have an existing service obligation; and
  (4) is not in default at the time of the nursing faculty's application for repayment.

Source Note: The provisions of this §23.191 adopted to be effective November 20, 2013, 38 TexReg 8199; transferred effective December 15, 2016, as published in the Texas Register November 25, 2016, 41 TexReg 9341