| (a) Authority. Statutory authority for this subchapter
is provided in the Texas Education Code, §61.0776, and the Texas
Government Code, Chapter 2110, §2110.0012.
(b) Purposes.
(1) The Financial Aid Advisory Committee is created
to provide the Board with advice and recommendations regarding the
development, implementation, and evaluation of state financial aid
programs for college students. In this capacity, it is also to assist
staff in the development of training materials for use by the Center
for Financial Aid Information and others in informing students, parents,
secondary education counselors, college personnel, members of appropriate
community-based organizations, and others about financial aid opportunities
for Texas students, including eligibility requirements and procedures
for applying for financial aid.
(2) In addition, the committee shall provide insight
on state financial aid program policies and procedures (e.g. eligibility,
allocations, disbursement processes, etc); review the collection,
use, and reporting of data; and identify areas of research for consideration.
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