Interest on Refunds for Cosmetology and Barber Schools
Each year, the Commissioner of Education must set and publish deterrence-level interest rates on refunds for cosmetology and barber schools in accordance with Texas Occupations Code, §1603.3602 and §1603.3604. The 2021 interest rate for refunds under both statutory provisions is 10 percent.
David Marx (512) 463-2945 or David.Marx@tea.texas.gov
Financial Compliance Division
Phone: (512) 463-9095
Fax: (512) 463-1777