| (a) Frequency of Disbursements. The Coordinating Board
will provide each participating institution with a disbursement for
each fall, spring, and summer semester upon the certification of the
institution's eligible enrollments. The Coordinating Board will combine
enrollment periods under this subsection when a semester includes
more than one enrollment period (for example, a Summer 1 and a Summer
2 session).
(b) Disbursement Calculation. Each disbursement will
equal the amount outlined in §13.504 of this subchapter (relating
to FAST Tuition Rate) for the relevant semester multiplied by the
number of semester credit hours or equivalent in which students who
met the eligibility criteria in §13.503 of this subchapter (relating
to Eligible Students) were enrolled in dual credit courses at the
institution for the relevant semester.
(c) Data Sources. The source of data for the disbursement
calculation will be reports collected by Board staff and certified
by the institution for the relevant semester which provide an eligible
student's dual credit enrollment in semester credit hours or their
equivalent and the student's Texas Student Data System (TSDS) unique
identification number issued by the Texas Education Agency, combined
with data regarding educationally disadvantaged students, as reported
by the Texas Education Agency, unless otherwise provided by rule.
(d) Verification of Data. The Coordinating Board will
share each semester's calculation with the participating institution
for comment and verification prior to disbursement. The institution
will be given ten business days, beginning the day of the notice's
distribution, and excluding State holidays, to confirm that the calculation
accurately reflects the data they submitted or to advise the Coordinating
Board of any inaccuracies.
(e) True-Up. Upon receipt of attendance data for the
full school year from the Texas Education Agency, the Coordinating
Board will review all eligible students used in the calculation outlined
in subsection (d) of this section to verify that those students were
in attendance at the high school during the period of dual credit
enrollment. If any student is identified as not having been in attendance
in high school during the period of dual credit enrollment, then the
Coordinating Board will calculate the amount of funding the institution
received for that student's dual credit enrollment. The Coordinating
Board shall reduce each institution's subsequent disbursement under
subsection (a) of this section by the amount calculated in this subsection.
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