What kind of loan is a Cal loan?
The College Access Loan (CAL) Program provides an alternative type of educational loans to Texas students that attend colleges and universities in Texas. Students do not have to demonstrate financial need to receive these loans, which may be used to cover all or part of a student’s Expected Family Contribution (EFC).
What is the b On time loan?
The Texas B-On-Time (BOT) Loan Program is a unique state aid program intended to increase access to higher education in Texas and encourage on-time graduation. This state student loan may be completely forgiven if the otherwise eligible borrower completes his or her degree on time.
What is a HH loan?
The HH Private Loans Program The CAL Program is the state-sanctioned alternative loan designed for Texas students at every level of education. Borrowers must attend school at least half-time. Either the borrower or a co-signer must have good credit, and it is not necessary to demonstrate financial need.
What type of loan is Hhloans?
College Access Loan (CAL) Program Since 1965, the Texas Higher Education Coordinating Board has provided low-interest loans for students who are Texas residents and eligible to pay in-state tuition. The CAL Program provides alternative education loans to Texas students who are unable to meet cost of attendance.
Is Cal loan a federal loan?
Only federal Perkins loans (to the extent that your institution has Perkins funds to award) and federal Direct Stafford loans are to be considered – not federal PLUS loans. …
What is the Texas B on time student loan program?
Simply put, the Texas B-On-Time (BOT) Loan Program provides zero-interest loans (BOT loans) to Texas residents attending 4-year colleges in Texas. Designed to encourage students to finish school on time while meeting high standards, the loan can be forgiven if students meet certain requirements.
What is a Cal student loan?
The Cal Loan program serves students attending private non-profit colleges and universities and provides a ‘needs-based’ loan for those students who do not have the income or financial history to qualify for a ‘credit-based’ loan.
Is Cal loan federal?
College Access Loan (CAL) Certification Only federal Perkins loans (to the extent that your institution has Perkins funds to award) and federal Direct Stafford loans are to be considered – not federal PLUS loans.
Why did my loan payment go up?
You have an escrow account to pay for property taxes or homeowners insurance premiums, and your property taxes or homeowners insurance premiums went up. If your monthly mortgage payment includes the amount you have to pay into your escrow account, then your payment will also go up if your taxes or premiums go up.
