Texas Education Code

§ 130A.102 — CREDENTIALS OF VALUE

ED § 130A.102Title 3. HIGHER EDUCATION · Part G. NON-BACCALAUREATE SYSTEM · Ch. 130A. PUBLIC JUNIOR COLLEGE STATE FINANCE PROGRAM · Art. C. STATE FUNDING: PERFORMANCE TIER

Statute text

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(a)For purposes of Section 130A.101(c)(1), the coordinating board shall designate a credential as a credential of value if the credential:

(1)provides a positive return on investment for a student who received the credential, as measured by earning or being expected to earn cumulative wages at least equal to the cumulative median earnings for high school graduates in this state and earning at least the individual self-sufficient wage, as defined by coordinating board rule, during the period specified by coordinating board rule but not more than 10 years after the date on which the credential is received; and

(2)allows a student who received the credential to recoup the net cost of attendance at a public junior college, including opportunity cost, where:

(A)the net cost of attendance is the net cost of attendance used for purposes of financial aid at the college less any aid received by the student; and

(B)opportunity cost is the difference between cumulative median earnings for high school graduates in this state and cumulative median earnings for students while enrolled in the certificate or degree program leading to the credential for:

(i)a period of two years for an associate degree program;

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Legislative history

Added by Acts 2025, 89th Leg., R.S., Ch. 191 (S.B. 1786), Sec. 8, eff. September 1, 2025.