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Description:  The BOT program provides no-interest loans to full-time, undergraduate eligible Texas students.  If the student meets specified goals, the entire loan amount can be forgiven upon graduation.  Funding is very limited for BOT loans.  Please contact the This email address is being protected from spambots. You need JavaScript enabled to view it.">Financial Aid Office for more information and to initiate the process of applying for a loan.  You can also visit the Texas Higher Education Coordinating Board student loan programs website for complete details.

Annual Amount:  Amounts can vary.  Due to limited funding from the state, BOT loans are made available first to students that already have a BOT loan and are renewing it for the next year.  Any extra funds can be given to new students.

Repayment:  BOT loans have a six-month grace period and a 15-year repayment period.