Relating to the establishment and operation of the Texas B-On-time student loan program; authorizing a fee.

SB 44 establishes the Texas B-On-time student loan program, providing no-interest loans to students enrolled at eligible public colleges and universities in Texas that offer bachelor's degree programs. The program aims to help students earn bachelor's degrees without accruing interest, with loan forgiveness available under specific conditions. The Texas Higher Education Coordinating Board will administer the program, charge a loan origination fee to cover operational costs, and implement strategies to improve student awareness and satisfaction with the program. Eligible institutions include public universities offering bachelor's degrees and junior colleges with bachelor's programs.