Texas House Bill HCR263

Texas 2009 - 81st Regular

• Introduced: 5/24/09
• Refer: 5/27/09

Caption

Recognizing the importance of continuing support for the Texas Guaranteed Student Loan Corporation and directing TG to seek out opportunities to maintain its role in administering the Federal Family Education Loan Program or other federal student loan programs.

Impact

The resolution directs TG to seek opportunities to maintain its role in administering federal student loan programs, ensuring that it continues to provide necessary services that facilitate access to higher education in Texas. By reinforcing TG's mission, HCR263 aims to solidify a reliable framework for student financial aid, which has been crucial for many Texas residents pursuing postsecondary education. The ongoing support for TG also indicates a legislative effort to stabilize financial aid resources amid changing federal and state educational landscapes.

Summary

HCR263, introduced in the Texas Legislature, emphasizes the importance of continuing support for the Texas Guaranteed Student Loan Corporation (TG). Established in 1979, TG is a public, nonprofit entity tasked with administering a guaranteed student loan program aimed at assisting qualified Texas students in obtaining a postsecondary education. The resolution recognizes TG's critical role in providing financial aid and other supportive services to students and their families, particularly in relation to the Federal Family Education Loan Program, which is a significant source of funding for higher education in Texas.

Contention

While the resolution underscores the essential services provided by TG, it implicitly addresses the broader context of financial aid in Texas. The reliance on federal programs suggests that any future changes to federal student aid policies could have significant implications for how such programs operate at the state level. There may be concerns over the potential impacts of federal policy changes on local educational funding and support systems, leading to discussions on the adequacy of state resources and the need for adaptive strategies to continue supporting postsecondary education access.