State of Texas – Big Student Loans

Find Out How to Finance Your College Education

The Texas Higher Education Coordinating Board is the state-sanctioned student loan resource tailor made with Texas students in mind. For students planning for college THECB offers the following:

  • Student loan information
  • Financial Aid tips and tools
  • College planning tools
  • Loan forgiveness programs
  • Loan repayment programs

The HH Loans Program: Everything Included

The Hinson-Hazlewood College Student Loan Program is unique to Texas. This program is not just a repurposing of private loans, but it is a wrapper for three distinct loan programs: Federal Family Education Loan Program (FFELP), the College Access Loan (CAL), an alternative loan for undergraduates and graduates, and a Health Education Loan Program (HELP) designed as a private loan for students pursuing a medical field.

The Federal Student Loan Program for Texas Students

When you apply for the federal student loan program you take a giant step in the direction of your college education. We’ll talk about private loans in a moment, but you must understand why the FFELP is a crucial first step.

The Federal Family Education Loan Program (FFELP) is the most affordable and low-cost loan program available and each is guaranteed against loan default by the federal government. It’s your right to apply for these loans. And in most cases you’ll be approved for some level of funding.

The FFELP includes:

  • Subsidized and unsubsidized Stafford Loans
  • Parent PLUS Loans
  • Graduate and Professional PLUS Loans
  • Federal Loan Consolidation

Find out more about the various federal loans and why they are preferred.

State of Texas Private Loans

The CAL Program is the state-sanctioned low-cost private loan and is designed for students at every level of education. Borrowers must have good credit or be able to apply with a trusted co-signor. No financial need is necessary. Applicants must have applied for federal aid.

The HELP program is designed to provide financial assistance beyond federal loans to students pursuing a healthcare field, including nursing, medicine, podiatry, medicine and veterinarian medicine, among others. Applicants may apply with a co-signor if necessary.

Before you borrow private student loans make sure you’ve borrowed the maximum allowed with your federal loans.

For more information on the HH Loans program visit the THECB website.