Tex. Educ. Code Section 56.033
Source of Program Funding


(a)

The governing board of each institution of higher education, including the Texas State Technical College System, shall cause to be set aside:

(1)

not less than 15 percent nor more than 20 percent out of each resident student’s tuition charge under Section 54.051 (Tuition Rates) as provided by the General Appropriations Act for the applicable academic year;

(2)

three percent out of each nonresident student’s tuition charge under Section 54.051 (Tuition Rates);

(3)

not less than six percent nor more than 20 percent out of each resident student’s hourly tuition charge exclusive of out-of-district charges, and $1.50 out of each nonresident student’s hourly tuition charge, for academic courses at a public community or junior college; and

(4)

not less than six percent nor more than 20 percent of hourly tuition charges exclusive of out-of-district charges for vocational-technical courses at a public community or junior college.

(b)

Of the funds set aside under this section by an institution, not less than 90 percent shall be used for Texas Public Educational Grants and not more than 10 percent shall be used for emergency loans under Subchapter D of this chapter.

(c)

Except as otherwise provided by this subsection, funds set aside for Texas Public Educational Grants under this section from tuition paid by resident students may be used only for grants awarded to resident students, and funds set aside for those grants under this section from tuition paid by nonresident students may be used only for grants awarded to nonresident students and students who are citizens of countries other than the United States. After the end of the sixth class week of each semester, an institution may transfer any excess funds set aside from tuition paid by resident or nonresident students to the funds set aside for grants awarded to the other class of students. Priority for awarding grants from any excess funds set aside from tuition paid by resident students shall be given to resident students.

(d)

Interest earned from the funds set aside for Texas Public Educational Grants may be spent only for grants to students as provided by this subchapter.

(e)

To supplement money set aside under Subsection (a), the governing board of an institution of higher education may use money received by the institution from the fee for issuance of collegiate license plates under Section 504.615 (Collegiate License Plates), Transportation Code, for awarding Texas Public Educational Grants. The board may use the money to award grants to both resident and nonresident students, except that the board shall give priority to grants for resident students. Notwithstanding Subsection (b), the board may not use the money for emergency loans under Subchapter D.
Added by Acts 1975, 64th Leg., p. 2323, ch. 720, Sec. 1, eff. Sept. 1, 1975. Amended by Acts 1985, 69th Leg., ch. 708, Sec. 12, eff. Aug. 26, 1985; Acts 1989, 71st Leg., ch. 805, Sec. 3, eff. Aug. 28, 1989; Acts 1989, 71st Leg., ch. 1084, Sec. 2.09, eff. Sept. 1, 1989; Acts 1991, 72nd Leg., ch. 287, Sec. 27, eff. Sept. 1, 1991; Acts 1991, 72nd Leg., 1st C.S., ch. 5, Sec. 6.04, eff. Sept. 1, 1991; Acts 2001, 77th Leg., ch. 336, Sec. 1, eff. May 26, 2001; Acts 2003, 78th Leg., ch. 1070, Sec. 3, eff. June 20, 2003.
Amended by:
Acts 2005, 79th Leg., Ch. 1181 (S.B. 1227), Sec. 16, eff. September 1, 2005.

Source: Section 56.033 — Source of Program Funding, https://statutes.­capitol.­texas.­gov/Docs/ED/htm/ED.­56.­htm#56.­033 (accessed Apr. 20, 2024).

56.001
Short Title
56.002
Declaration of Policy
56.003
Definitions
56.004
Filing Fees in Suits to Collect Delinquent Student Loans
56.006
Employee Trained in Student Financial Assistance Programs for Veterans and Families
56.007
Exclusion of Assets in Prepaid Tuition Programs and Higher Education Savings Plans
56.008
Priority Deadline for Student Financial Assistance
56.009
Eligibility Based on Graduation Under Certain High School Programs
56.011
Resident Undergraduate Student Assistance
56.012
Resident Graduate Student Assistance
56.013
Information Regarding Financial Assistance Funded from Designated Tuition
56.014
Notice to Students Regarding Tuition Set Aside for Financial Assistance
56.031
Short Title
56.032
Purpose
56.033
Source of Program Funding
56.034
Guidelines for Determining Eligibility and Awarding Grants
56.035
Type of Grants to Be Awarded
56.036
Transfer of Grant Funds for Use as Matching Funds
56.037
Priorities in Awarding Matching Funds
56.038
Restrictions and Return of Transferred Funds
56.039
Full Use of Funds
56.051
Emergency Loans
56.052
Eligibility
56.053
Terms
56.054
Source of Program Funding
56.055
Deferred Repayment
56.0065
Student Financial Assistance Programs for Veterans and Families
56.071
Program Name
56.072
Purpose
56.073
Administrative Authority
56.074
Eligible Institution
56.075
Eligible Student
56.076
Eligible Employer
56.077
Adoption and Distribution of Rules
56.078
Funding
56.079
Work-study Student Mentorship Program
56.080
Online List of Work-study Employment Opportunities
56.082
Annual Report
56.091
Establishment
56.0092
Texas B-on-time Student Loan Account
56.092
Eligibility
56.093
Eligible Loans
56.094
Loan Repayment Assistance
56.095
Funding
56.101
Definitions
56.102
Administration of Program
56.103
Rural Veterinarian Incentive Program Committee
56.104
Eligible Veterinary Student or Graduate
56.105
Rural Sponsors
56.106
Financial Support
56.121
Purpose
56.122
Definitions
56.123
Creation
56.124
Administration
56.125
Loans from Fund
56.126
Revenue Bonds
56.127
Refunding Bonds
56.128
Amount of Bonds
56.129
Interest Rate
56.130
Maturity
56.131
Execution of Bonds
56.132
Approval and Registration of Bonds
56.133
Replacement of Bond
56.134
Proceeds
56.135
Limitation of Authority
56.141
Definitions
56.142
Establishment
56.143
Eligible Student
56.144
Amount and Payment of Conditional Grants
56.145
Repayment of Conditional Grant
56.147
Funding
56.161
Definitions
56.162
Establishment
56.163
Eligibility
56.164
Tuition Charged Certain Nonresident Loan Recipients
56.165
Loan Disbursement
56.166
Terms of Loan
56.167
Mentors
56.168
Postdoctoral Fellowship
56.169
Loan Suspension and Forgiveness
56.170
Conditional Guaranty
56.171
Funding
56.221
Definitions
56.222
Purpose
56.223
Eligibility
56.224
Entitlement
56.225
Application of Scholarship
56.226
Payment of State Credit
56.227
Rules
56.241
Definition
56.242
Student Endowment Scholarship and Internship Program
56.243
Election to Participate
56.244
Types of Scholarships
56.245
Eligibility
56.246
Amount of Scholarship or Internship Funding
56.247
Student Endowment Fund
56.301
Definitions
56.302
Program Name
56.303
Administration of Program
56.304
Initial Eligibility for Grant
56.305
Continuing Eligibility and Academic Performance Requirements
56.306
Grant Use
56.307
Grant Amount
56.308
Notification of Program
56.310
Funding
56.311
Legislative Oversight Committee
56.351
Definition
56.352
Purpose of Program
56.353
Eligibility
56.354
Eligible Loans
56.355
Payment of Assistance
56.357
Teach for Texas Alternative Certification Assistance Program
56.358
Funding
56.359
Grants and Service Agreements Entered into Under Former Law
56.401
Definitions
56.402
Program Name
56.403
Administration of Program
56.404
Initial Eligibility for Grant
56.405
Continuing Eligibility and Academic Performance Requirements
56.406
Grant Use
56.407
Grant Amount
56.481
Purpose
56.482
Definitions
56.483
Award of Scholarship
56.484
Initial Eligibility for Scholarship
56.485
Ineligibility for Scholarship
56.486
Amount of Scholarship
56.487
Application Procedure
56.488
Continuing Eligibility for Scholarship
56.489
Satisfactory Academic Progress
56.490
Exception for Hardship or Other Good Cause
56.491
Publication of Program Information
56.492
Reimbursement
56.493
Rules
56.501
Definitions
56.502
Purpose
56.503
Eligible Educator Preparation Programs
56.504
Initial Student Eligibility for Scholarship
56.505
Continuing Student Eligibility and Academic Performance Requirements
56.506
Scholarship Amount
56.507
Scholarship Use
56.508
Administration of Program
56.521
Definitions
56.522
Purpose
56.523
Administration of Program
56.524
Initial Eligibility for Grant
56.525
Continuing Eligibility and Academic Performance Requirements
56.526
Grant Use
56.527
Grant Amount
56.528
Grant Not to Affect Admission
56.0851
Definitions
56.0852
Program Name
56.0853
Purpose
56.0854
Administration
56.0855
Eligible Employer
56.0856
Adoption of Rules
56.0857
Online List of Texas Works Employment Opportunities
56.3042
Initial Qualification of Person on Track to Meet Eligibility Requirements
56.3045
Tolling of Eligibility for Initial Award
56.3071
Effect of Eligibility for Tuition Equalization Grant
56.3075
Health Care Profession Student Grant
56.3575
Administration
56.4075
Health Care Profession Student Grant

Accessed:
Apr. 20, 2024

§ 56.033’s source at texas​.gov