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Texas Statutes (Last Updated: January 4, 2014) |
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EDUCATION CODE |
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Title 3. HIGHER EDUCATION |
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Subtitle A. HIGHER EDUCATION IN GENERAL |
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Chapter 57. GUARANTEED STUDENT LOANS |
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Subchapter C. STUDENT LOANS |
Sec. 57.461. POSTSECONDARY EDUCATIONAL INSTITUTIONS AND LENDER ADVISORY COMMITTEES
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(a) The corporation shall establish:
(1) an advisory committee that is composed of 15 members who represent the postsecondary educational institutions that participate in the corporation's guaranteed student loan program; and
(2) an advisory committee that is composed of 12 members including:
(A) one member who represents the Texas Higher Education Coordinating Board; and
(B) 11 members who represent lenders that participate in the corporation's guaranteed student loan program.
(b) The board shall appoint advisory committee members on the recommendation of the president.
(c) The board may establish other advisory committees as the board considers necessary.
(d) The board shall:
(1) specify each advisory committee's purpose and duties; and
(2) require each committee to report to the board in a manner specified by the board relating to each committee's activities and work results.