Hard Money Loans And Texas

Admin | December 30, 2011 | Comments Off

Hard Money Loans And Texas

Hard Money Loans And Texas

As a college student, things come up. Sometimes a new job comes around, sometimes the decision to change a degree is made, or sometimes the teacher from hell drives a student batty. Thus, classes get dropped. It's a simple concept, and one that most students indulge in. Texas students, however, can’t afford to be so flippant.

Texas Law

As stated in the Texas Senate Bill 1231:

"Beginning with the fall 2007 academic term, an institution of higher education may not permit an undergraduate student a total of more than six dropped courses, including any course a transfer student has dropped at another institution of higher education, unless the student shows good cause for dropping more than that number." (1)

In simple terms, this means that a student may only drop six classes in his or her entire college career. For instance, a student who may have begun at a community college and dropped three classes at that institution now may only drop three classes, if and when he transfers to a university. This applies only to students who did not begin college until fall 2007 or later. It also applies to students who may have began college before 2007 in another state, but then transferred to a Texas college after the fall '07 semester. Those who began attending a college or university in Texas prior to 2007 are exempt.