| (a) Funding. The Coordinating Board may not award through
this program an amount that exceeds the amount of state appropriations
and other funds that are available for this use.
(b) Grant Amounts.
(1) The Commissioner shall determine and announce the
maximum grant amounts in a given state fiscal year by January 31 of
the prior fiscal year. The calculation of the maximum amount will
be consistent with the maximum grant forward for TEXAS Grant for the
semester as set out in subchapter L of this chapter (relating to Toward
Excellence, Access, and Success (TEXAS) Grant Program).
(2) The amount of a Grant offered through an eligible
public institution may not be reduced by any gift aid for which the
person receiving the grant is eligible, unless the total amount of
a person's grant plus any aid other than loans received equals or
exceeds the student's financial need.
(c) The Commissioner shall make grant calculations
in accordance with §22.11 of this chapter (relating to Provisions
specific to the TEXAS Grant, TEOG, TEG, and Texas Work-Study Programs).
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