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TITLE 34PUBLIC FINANCE
PART 1COMPTROLLER OF PUBLIC ACCOUNTS
CHAPTER 7PREPAID HIGHER EDUCATION TUITION PROGRAM
SUBCHAPTER MTEXAS SAVE AND MATCH PROGRAM
RULE §7.168Redemption of Awards Made by the Board
(a) Distributions from match accounts will be made directly to the eligible educational institution upon proof of the beneficiary's enrollment and a valid invoice from the institution.

 (b) A match account that is linked to a prepaid tuition contract may only be used to pay undergraduate tuition and required fees.

 (c) A match account that is linked to a savings trust account can only be used to pay qualified higher education expenses.
Source Note: The provisions of this §7.168 adopted to be effective July 1, 2012, 37 TexReg 4599

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