B-On-Time Loan

The purpose of the Texas B-On-Time Loan program is to provide eligible Texas students no-interest loans to attend colleges and universities in Texas. If the student meets specified goals, the entire loan amount can be forgiven upon graduation.

The Texas B-On-Time Loan is a great program and students are encouraged to participate in the program. For more information visit the TWU Financial Aid Student Loans guide or visit the official Texas Higher Education Coordinating Board website at: HH Loans.com.

The Texas Higher Education Coordinating Board has revised its practice of forgiving B-On-Time (BOT) loans based on the number of credit hours that a student attempts. Forgiveness will be based on the number of credit hours shown on an official transcript that a student earns.

For example: a student with a degree program of 120 credit hours earned 124 credit hours but attempted 130 credit hours. This student will be forgiven under the six hour provision in the BOT statute. There is no change to the primary BOT time-to-degree forgiveness requirement.

Page last updated 3:43 PM, August 24, 2021