The Act requires the Agency to execute a memorandum of understanding with Trellis Company, formerly known as the Texas Guaranteed Student Loan Corporation, and each state agency regulating schools to reduce default rates at the regulated schools and to improve the overall quality of the programs. Copies of the required memoranda of understanding shall be maintained and made available upon request.

Source Note: The provisions of this §807.3 adopted to be effective August 16, 1998, 23 TexReg 8479; amended to be effective December 20, 2010, 35 TexReg 11392; amended to be effective November 28, 2022, 47 TexReg 7914