Texas Education Code - Section 56.033. Source Of Program Funding
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§ 56.033. SOURCE OF PROGRAM FUNDING. (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.
(c) Except as otherwise provided by this subsection, funds
set aside for Texas Public Educational Grants under this section
from tuition paid by resident students may be used only for grants
awarded to resident students, and funds set aside for those grants
under this section from tuition paid by nonresident students may be
used only for grants awarded to nonresident students and students
who are citizens of countries other than the United States. After
the end of the sixth class week of each semester, an institution may
transfer any excess funds set aside from tuition paid by resident or
nonresident students to the funds set aside for grants awarded to
the other class of students. Priority for awarding grants from any
excess funds set aside from tuition paid by resident students shall
be given to resident students.
(d) Interest earned from the funds set aside for Texas
Public Educational Grants may be spent only for grants to students
as provided by this subchapter.
(e) To supplement money set aside under Subsection (a), the
governing board of an institution of higher education may use money
received by the institution from the fee for issuance of collegiate
license plates under Section 504.615, Transportation Code, for
awarding Texas Public Educational Grants. The board may use the
money to award grants to both resident and nonresident students,
except that the board shall give priority to grants for resident
students. Notwithstanding Subsection (b), the board may not use
the money for emergency loans under Subchapter D.
Added by Acts 1975, 64th Leg., p. 2323, ch. 720, § 1, eff. Sept.
1, 1975. Amended by Acts 1985, 69th Leg., ch. 708, § 12, eff.
Aug. 26, 1985; Acts 1989, 71st Leg., ch. 805, § 3, eff. Aug. 28,
1989; Acts 1989, 71st Leg., ch. 1084, § 2.09, eff. Sept. 1,
1989; Acts 1991, 72nd Leg., ch. 287, § 27, eff. Sept. 1, 1991;
Acts 1991, 72nd Leg., 1st C.S., ch. 5, § 6.04, eff. Sept. 1,
1991; Acts 2001, 77th Leg., ch. 336, § 1, eff. May 26, 2001;
Acts 2003, 78th Leg., ch. 1070, § 3, eff. June 20, 2003; Acts
2005, 79th Leg., ch. 1181, § 16, eff. Sept. 1, 2005.
Section: 56.003 56.004 56.011 56.012 56.013 56.031 56.032 56.033 56.034 56.035 56.036 56.037 56.038 56.039 56.051
Last modified: August 10, 2007
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