|(a) Funding. Funds awarded through this program may
not exceed the amount of appropriations, grants, and other funds that
are available for this use.
(b) Grant Amounts.
(1) The amount of a grant 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 gift aid received exceeds
the student's cost of attendance. However, no student's grant shall
be greater than the amount of the student's financial need.
(2) The Board shall determine and announce the maximum
grant amount in a given state fiscal year by January 31 of the prior
fiscal year. The calculation of the maximum amount will be based on
the average statewide amount of tuition and required fees at eligible
institutions that an in-district resident student enrolled full-time
in an associate degree or certificate program would be charged for
that semester (Texas Education Code, §56.407). In determining
the maximum grant amount, the average amount of tuition and required
fees is determined by institution type (public junior colleges, public
state colleges, and public technical institutes) for an in-district
resident student enrolled full-time in an associate degree or certificate
program, utilizing the most recent Integrated Fiscal Reporting System
reports to project the value.
(c) An approved institution may not charge a person
receiving a grant through that institution an amount of tuition and
required fees in excess of the grant received by the person. Nor may
it deny admission to or enrollment in the institution based on a person's
eligibility to receive or actual receipt of a grant. If an institution's
tuition and fee charges exceed the grant, it may address the shortfall
in one of two ways:
(1) it may use other available sources of financial
aid, other than a loan or Pell grant to cover any difference in the
amount of the grant and the student's actual amount of tuition and
required fees at the institution; or
(2) it may waive the excess charges for the student.
However, if a waiver is used, the institution may not report the recipient's
tuition and fees in a way that would increase the general revenue
appropriations to the institution.
(d) Adjustments to grants and late disbursements are
to be completed in accordance with Subchapter A of this chapter (relating
to General Provisions).