State Student Loan Money Can Become A Grant

Not enough students attending Texas colleges and universities are taking advantage of a state-funded loan program.

Brandon Webb at Blinn College says the B-ON-TIME loan can turn into a grant if you complete the associates degree program in two years with a qualifying grade point average.

Blinn received $56,000 this year, of which about half has been spent. Next year’s allocation from the state was reduced to $25,000.

Brandon Webb visits with WTAW’s Bill Oliver.

This year’s B-ON-TIME allotment at Texas A&M University is $7,895,200 and next year’s amount is $7,831,286.

Click HERE to read the list of B-ON-TIME allocations for the 2012-13 school year.

Click HERE to read the list of frequently asked questions and answers about this loan program.

 

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