College Access Loans (CAL)
State loan program for Texas residents enrolled at least half-time. Students must be credit worthy or provide a credit worth co-signer. A 5.25% fixed interest accrues while students are in school. For more information or to apply for a CAL loan, please visit Texas Higher Education Coordinating Board student loan programs website.
Maximum loan amount is the difference between a student’s cost of attendance and other financial aid they are receiving.
There is a six-month grace period with a repayment period of 10 years or 20 years depending on how much has been borrowed.