Texas Education Code

§ 62.183 — FUNDING

ED § 62.183Title 3. HIGHER EDUCATION · Part B. STATE COORDINATION OF HIGHER EDUCATION · Ch. 62. CONSTITUTIONAL AND STATUTORY FUNDS TO SUPPORT INSTITUTIONS OF HIGHER EDUCATION · Art. I. COMPREHENSIVE REGIONAL UNIVERSITY FUNDING

Statute text

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(a)Subject to Subsection (b), for each state fiscal biennium, an eligible institution is entitled to receive an amount equal to the sum of:

(1)a base amount of $500,000 or a greater base amount provided by appropriation; and

(2)the product of $1,000 or a greater amount provided by appropriation and the average number of at-risk students awarded a degree by the institution each year during the three state fiscal years preceding the biennium.

(b)An alternative method of allocating funding under this section may be provided by appropriation.

Legislative history

Added by Acts 2021, 87th Leg., R.S., Ch. 186 (S.B. 1295), Sec. 2, eff. September 1, 2021.