Establishes the Texas B-On-time student loan program to provide no-interest loans to eligible students.

The bill establishes the Texas B-On-time student loan program to provide no-interest loans to eligible students. The Texas Higher Education Coordinating Board administers the program, determines loan terms, and ensures students understand their repayment responsibilities. Eligible students must meet academic requirements and be enrolled in a baccalaureate degree program at an eligible institution. The program includes provisions for loan forgiveness, funding through gifts, grants, legislative appropriations, and bond sales.

Establishes the Texas B-On-time student loan program to provide no-interest loans to eligible students.

The bill establishes the Texas B-On-time student loan program to provide no-interest loans to eligible students. The Texas Higher Education Coordinating Board administers the program, determines loan terms, and ensures students understand their repayment responsibilities. Eligible students must meet academic requirements and be enrolled in a baccalaureate degree program at an eligible institution. The program includes provisions for loan forgiveness, funding through gifts, grants, legislative appropriations, and bond sales.