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Lawmakers seek end to B-On-Time loan tax | The Daily Texan – Students who receive forgivable loans under the B-On-Time program receive something in addition – an income tax form. Under federal law, forgivable loans such as the B-On-Time loan count as.
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Texas B-On-Time Loan | Student Financial Aid and Scholarships – The Texas B-On-Time (BOT) Loan is a zero percent interest loan. Forgiveness is available upon graduation if a student meets specific requirements. This loan is no longer being awarded to new borrowers. Eligibility. Be a full time undergraduate student.
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