Texas Education Code

§ 56.033 — SOURCE OF PROGRAM FUNDING

ED § 56.033Title 3. HIGHER EDUCATION · Part A. HIGHER EDUCATION IN GENERAL · Ch. 56. STUDENT FINANCIAL ASSISTANCE · Art. C. TEXAS PUBLIC EDUCATIONAL GRANTS

Statute text

View on source

(a)The governing board of each institution of higher education, including the Texas State Technical College System, shall cause to be set aside:

(1)not less than 15 percent nor more than 20 percent out of each resident student's tuition charge under Section 54.051 as provided by the General Appropriations Act for the applicable academic year;

(2)three percent out of each nonresident student's tuition charge under Section 54.051;

(3)not less than six percent nor more than 20 percent out of each resident student's hourly tuition charge exclusive of out-of-district charges, and $1.50 out of each nonresident student's hourly tuition charge, for academic courses at a public community or junior college; and

(4)not less than six percent nor more than 20 percent of hourly tuition charges exclusive of out-of-district charges for vocational-technical courses at a public community or junior college.

(b)Of the funds set aside under this section by an institution, not less than 90 percent shall be used for Texas Public Educational Grants and not more than 10 percent shall be used for emergency loans under Subchapter D of this chapter.

…

Legislative history

Acts 2005, 79th Leg., Ch. 1181 (S.B. 1227), Sec. 16, eff. September 1, 2005.