| (a) To be eligible to serve as a Texas Virtual School
Network (TxVSN) online school, a school district or charter school
shall:
(1) have a current accreditation status of Accredited
as specified in §97.1055 of this title (relating to Accreditation
Status);
(2) be rated acceptable as described in the Texas Education
Code, §39.054;
(3) be rated at the Standard Achievement level or higher
under the state financial accountability rating system as specified
in §109.1003 of this title (relating to Types of Financial Accountability
Ratings);
(4) have met statutory requirements for timely submission
of annual audit and compliance reports, Public Education Information
Management System (PEIMS) reports, and timely deposits with the Teacher
Retirement System, with all records and reports reflecting satisfactory
performance;
(5) be in good standing with other programs, grants,
and projects administered through the Texas Education Agency (TEA);
and
(6) have been approved to operate a TxVSN Online School
(OLS) as of January 1, 2013.
(b) Based on the most recent available status as of
the beginning of a school year, the TEA may suspend a TxVSN OLS program
that no longer meets the requirements of subsection (a) of this section.
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