The following words and terms, when used in this subchapter,
shall have the following meanings:
(1) Academically Disadvantaged--A designation that
applies to postsecondary students who have not met the college-readiness
standard in one or more Texas Success Initiative (TSI) assessments
as provided by chapter 4, subchapter C, §4.57 of this title (relating
to College Ready Standards), and who were not classified as either
waived or exempt pursuant to chapter 4, subchapter C, §4.54 of
this title (relating to Exemptions, Exceptions, and Waivers).
(2) Adult Learner--A student aged 25 or older on September
1 of the fiscal year for which the applicable data are reported, in
accordance with Coordinating Board data reporting requirements.
(3) Advanced Technical Certificate (ATC)--A certificate
that has a specific associate or baccalaureate degree or junior level
standing in a baccalaureate degree program as a prerequisite for admission.
An ATC consists of at least 16 semester credit hours (SCH) and no
more than 45 SCH and must be focused, clearly related to the prerequisite
degree, and justifiable to meet industry or external agency requirements.
(4) Associate Degree--An academic associate degree
as defined under Texas Education Code, §61.003(11), or an applied
associate degree as defined under Texas Education Code, §61.003(12)(B).
(5) Baccalaureate Degree--A degree program that includes
any grouping of subject matter courses consisting of at least 120
SCH which, when satisfactorily completed by a student, will entitle
that student to an undergraduate degree from a public junior college.
(6) Base Tier Funding--The amount of state and local
funding determined by the Board for each public junior college that
ensures the college has access to a defined level of funding for instruction
and operations.
(7) Base Year--The time period comprising the year
of contact hours used for calculating the contact hour funding to
public junior colleges. A base year includes certified contact hours
reported in the Summer 1, Summer 2, and Fall of the prior calendar
year and Spring of the current calendar year relative to September
1st of the current fiscal year.
(8) Basic Allotment--A dollar value per Weighted FTSE,
as determined by the Legislature based on appropriations made in that
biennium's General Appropriations Act.
(9) Census Date--The date upon which a college may
report a student in attendance for the purposes of formula funding,
as specified in the Coordinating Board Management (CBM) manual for
the year in which the funding is reported.
(10) Credential of Value--A credential earned by a
student that would be expected to provide a positive return on investment.
A positive return on investment is met when a typical student completing
the credential is expected to earn cumulative wages greater than the
cumulative median earnings of an average Texas high school graduate,
plus recouping the net cost of attendance within ten years after earning
the credential. This calculation shall include the student's opportunity
cost, calculated as the difference between median earnings for a typical
Texas high school graduate and typical earnings for students while
enrolled for four years for baccalaureate degree holders, two years
for associate degree holders, and one year for holders of a Level
1 certificate, Level 2 certificate, or Advanced Technical Certificate.
The Coordinating Board shall calculate the expected return on investment
based on the data available to the agency for the funding year. The
calculation shall include the most current available data for each
program or a comparable program.
(11) Credentialing examination--A licensure, certification,
or registration exam provided by a state or national agency or by
professional organization.
(12) Dual Credit or Dual Enrollment Fundable Outcome--A
student who has earned at least 15 SCH or the equivalent of state-funded
dual credit or dual enrollment courses that apply toward an academic
or workforce program requirement at the postsecondary level. For the
purpose of this subchapter, the term "dual credit or dual enrollment
fundable outcome" includes the following fundable courses taken for
college credit by a high school student who has not yet received a
high school diploma:
(A) Any course taken for dual credit that is within
the core curriculum of the college that is providing the course;
(B) A course in a Coordinating Board-established field
of study curriculum under Texas Education Code, §61.823, or program
of study curriculum under Texas Education Code, §61.8235;
(C) Career and technical education courses that apply
to a certificate or associate degree offered by the institution providing
the credit;
(D) Foreign language courses;
(E) All courses taken by students enrolled in an approved
Early College High School program, with the exception of the physical
education courses taken by high school students for high school physical
education credit; and
(F) A course taken for college credit only by a student
who is also enrolled in high school but does not yet have a high school
diploma.
(13) Economically Disadvantaged--A designation that
applies to postsecondary students who received the federal Pell Grant
under 20 U.S.C. §1070a.
(14) Formula Funding--The funding allocated by the
Coordinating Board among all public junior colleges by applying provisions
of the Texas Education Code, agency rule, and the General Appropriations
Act to a sector-wide appropriation from the General Appropriations
Act.
(15) Full-Time Student Equivalent (FTSE)--A synthetic
measure of enrollment based on the number of instructional hours delivered
by an institution of higher education divided by the number of hours
associated with full-time enrollment for the time period in question.
(16) Fundable Credential--A Fundable Credential counts
toward Weighted Outcome Completions as defined in paragraph (27) of
this section. For the purpose of funding delivered in fiscal year
2024, a fundable credential is defined as any of the following, except
that, for credentials under subparagraph (B) or (C) of this paragraph,
if more than one credential that the institution awarded to a student
includes the same contact hours, the institution may only submit one
credential for funding under subparagraph (B) or (C) of this paragraph.
(A) Any of the following credentials awarded by an
institution that meets the criteria of a credential of value as defined
in paragraph (10) of this section using the methodology established
for the most current fiscal year, that is otherwise eligible for funding,
and the institution reported and certified to the Coordinating Board:
(i) An associate degree;
(ii) A baccalaureate degree;
(iii) A Level 1 or Level 2 Certificate; and
(iv) An Advanced Technical Certificate.
(B) An Occupational Skills Award awarded by an institution
that the institution reported and certified to the Board during fiscal
year 2023; or
(C) An Institutional Credential Leading to Licensure
or Certification (ICLC) not included in subparagraph (B) of this paragraph
and that the institution reported and certified to the Coordinating
Board during fiscal year 2023, that meets one of the following criteria:
(i) The credential includes no fewer than 144 contact
hours or nine (9) semester credit hours; or
(ii) The credential is awarded in a high demand field,
as defined in Board rule, and includes no fewer than 80 contact hours
or five (5) semester credit hours; or
(iii) A licensure or certification earned by a student
who did not receive a credential if the student:
(I) earned the licensure or certification as the result
of the student's successful passage of a credentialing examination
for a licensure or certification, while or after being enrolled in
one of the institution's Institutional Credentials Leading to Licensure
or Certification (ICLC) programs that would qualify for funding under
clauses (i) or (ii) of this subparagraph; and
(II) earned the licensure or certification not later
than twelve months after the student's enrollment in the ICLC program
for which the student earned the licensure or certification.
(17) High-Demand Fields--An academic discipline, delineated
by the federal Classification of Instructional Program (CIP) code,
that the Coordinating Board has approved for inclusion on a published
list of High-Demand Fields, available at https://www.highered.texas.gov/our-work/supporting-our-institutions/community-college-finance/high-demand-fields/,
based on their satisfaction of either:
(A) Inclusion on the list of Critical Fields employed
for the purpose of determining formula funding allocations under the
Student Success strategy in the 2022-2023 General Appropriations Act;
or
(B) Appearing on the list of CIP codes resulting from
the following methodology completed in Fall 2021:
Cont'd... |
