Excerpts from the Texas Education Code

The document below is an excerpt from the Texas Education Code.

EDUCATION CODE
TITLE 3. HIGHER EDUCATION
SUBTITLE A. HIGHER EDUCATION IN GENERAL
CHAPTER 56. STUDENT FINANCIAL ASSISTANCE
SUBCHAPTER B. FINANCIAL ASSISTANCE FUNDED FROM DESIGNATED TUITION

Sec. 56.011.  RESIDENT UNDERGRADUATE STUDENT ASSISTANCE.  (a)  The governing board of each institution of higher education shall cause to be set aside not less than 20 percent of any amount of tuition charged to a resident undergraduate student under Section 54.0513 in excess of $46 per semester credit hour.  The funds set aside under this section by an institution shall be used to provide financial assistance for resident undergraduate students enrolled in the institution.

(b)  To be eligible for assistance under this section, a student must establish financial need in accordance with rules and procedures established by the Texas Higher Education Coordinating Board.  Priority shall be given to students who meet the coordinating board definition of financial need and whose cost for tuition and required fees is not met through other non-loan financial assistance programs.

(c)  The financial assistance provided under this section may include grants, scholarships, work-study programs, student loans, and student loan repayment assistance.

Added by Acts 2003, 78th Leg., ch. 1321, Sec. 5, eff. Sept. 1, 2003.

Sec. 56.012.  RESIDENT GRADUATE STUDENT ASSISTANCE.  (a)  The governing board of each institution of higher education shall cause to be set aside not less than 15 percent of any amount of tuition charged to a resident student enrolled in a graduate or professional degree program under Section 54.0513 in excess of $46 per semester credit hour.  The funds set aside under this section by an institution shall be used to provide financial assistance for resident students enrolled in graduate and professional degree programs at the institution.

(b)  To be eligible for assistance under this section, a student must establish financial need in accordance with rules and procedures established by the Texas Higher Education Coordinating Board.  Priority shall be given to students who meet the coordinating board definition of financial need and whose cost for tuition and required fees is not met through other non-loan financial assistance programs.

(c)  The financial assistance provided under this section may include grants, scholarships, work-study programs, student loans, and student loan repayment assistance.

Added by Acts 2003, 78th Leg., ch. 1321, Sec. 5, eff. Sept. 1, 2003.

Sec. 56.014.  NOTICE TO STUDENTS REGARDING TUITION SET ASIDE FOR FINANCIAL ASSISTANCE.  (a)  An institution of higher education that is required by this subchapter to set aside a portion of a student’s tuition payments to provide financial assistance for students enrolled in the institution shall provide to each student of the institution who pays tuition from which a portion is required to be set aside for that purpose a notice regarding the specific amount that is required to be set aside by the institution.

(b)  The institution shall provide the notice required by Subsection (a) to the student in a prominently printed statement that appears on or is included with:

(1)  the student’s tuition bill or billing statement, if the institution provides the student with a printed bill or billing statement for the payment of the student’s tuition; or

(2)  the student’s tuition receipt, if the institution provides the student with a printed receipt evidencing the payment of the student’s tuition.

(c)  If for any semester or other academic term the institution does not provide the student with a printed tuition bill, tuition billing statement, or tuition receipt, the institution shall include the notice required by Subsection (a) for that semester or other term in a statement prominently displayed in an e-mail sent to the student.  The notice may be included in any other e-mail sent to the student in connection with the student’s tuition charges for that semester or other term.

(d)  The Texas Higher Education Coordinating Board by rule shall prescribe minimum standards for the manner, form, and content of the notice required by this section.

Added by Acts 2009, 81st Leg., R.S., Ch. 1223, Sec. 1, eff. June 19, 2009.

SUBCHAPTER Q. TEXAS B-ON-TIME LOAN PROGRAM

Sec. 56.465.  TUITION SET ASIDE FOR PROGRAM.  (a)  The governing board of each institution of higher education shall cause to be set aside five percent of the amount of the tuition charged to a resident undergraduate student at the institution under Section 54.0513 in excess of $46 per semester credit hour.  The amount of a student’s tuition set aside under this subsection is considered a part of the amount required to be set aside from that tuition under Section 56.011.

(b)  The amount of tuition set aside under Subsection (a) shall be deposited to the credit of the Texas B-On-time student loan account established under Section 56.463 or to the interest and sinking fund established by the coordinating board under Section 52.91(b) in accordance with the resolution of the board establishing such fund.

Added by Acts 2003, 78th Leg., ch. 779, Sec. 1, eff. June 20, 2003.  Amended by Acts 2003, 78th Leg., 3rd C.S., ch. 10, Sec. 8.01(a), eff. Oct. 20, 2003.

Amended by:

Acts 2005, 79th Leg., Ch. 1181, Sec. 46, eff. September 1, 2005.

Acts 2005, 79th Leg., Ch. 1230, Sec. 11, eff. June 18, 2005.