Sec. 487.106.  ELIGIBILITY FOR LOANS;  RURAL COMMUNITY FINANCIAL SUPPORT.  (a)  For an outstanding rural scholar to be eligible for a forgivable loan, community sponsorship must include financial support.
(b)  Community financial support consists of a commitment to fund 50 percent of the costs of a scholar's tuition, fees, educational materials, and living expenses.
(c)  The financial support under this section may be satisfied wholly or partly by a grant, a scholarship, or private foundation support.
(d)  Evidence of the financial support must be submitted with a community's nomination.
Added by Acts 2001, 77th Leg., ch. 1424, Sec. 1, eff. Sept. 1, 2001.