LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                          March 6, 1995



 TO:     Honorable Irma Rangel, Chair           IN RE:  House Bill No. 1157
         Committee on Higher Education                  By: Hunter, Bob
         House of Representatives
         Austin, Texas






FROM: John Keel, Director

In response to your request for a Fiscal Note on House Bill No.
1157 (Relating to the administration of the Texas Guaranteed
Student Loan Corporation) this office has determined the
following:

This bill would allow the Texas Guaranteed Student Loan
Corporation to merge or consolidate with other corporations and
allow it to guarantee student loans in other states.


No fiscal implication to the State or units of local government
is anticipated.


Source:   Higher Education Coordinating Board
          LBB Staff: JK, MK, WRR