Sec. 54.5021. STUDENT DEPOSIT FUND; COMPOSITION AND USES. (a) The student deposit fund consists of the income from the investment or time deposits of general deposits and of forfeited general deposits. Any general deposit which remains without call for refund for a period of four years from the date of last attendance of the student making the deposit shall be forfeited and become a part of the student deposit fund. This section does not prohibit refund of any balance remaining in a general deposit when made on proper demand and within the four-year limitation period. The governing board of the institution may require that no student withdraw the student's deposit until the student has graduated or has apparently withdrawn from school.
(b) The student deposit fund of an institution of higher education shall be used, at the discretion of the institution's governing board, for making scholarship awards to needy and deserving students of the institution and making grants under Subchapter C, Chapter 56, to resident students of the institution. The governing board shall administer the scholarship awards for the institution, including the selection of recipients and the amounts and conditions of the awards. The recipients of the scholarships must be residents of the state as defined for tuition purposes.
(c) Not later than August 31 of each fiscal year, each institution of higher education that has an unobligated and unexpended balance in its student deposit fund that exceeds 150 percent of the total deposits to that fund during that year shall remit to the Texas Higher Education Coordinating Board the amount of that excess. The coordinating board shall allocate on an equitable basis amounts received under this subsection to institutions of higher education that do not have an excess described by this subsection for deposit in their student deposit fund. The amount allocated under this subsection may be used only for making grants under Subchapter M, Chapter 56.
Renumbered from Education Code, Sec. 51.052, by Acts 1987, 70th Leg., ch. 901, Sec. 4, eff. Aug. 31, 1987. Amended by Acts 1993, 73rd Leg., ch. 595, Sec. 1, eff. Sept. 1, 1993; Acts 1999, 76th Leg., ch. 1590, Sec. 2, eff. June 19, 1999.
Amended by:
Acts 2005, 79th Leg., Ch. 1181 (S.B. 1227), Sec. 15, eff. September 1, 2005.
Acts 2007, 80th Leg., R.S., Ch. 1318 (S.B. 1233), Sec. 6, eff. June 15, 2007.
Structure Texas Statutes
Subtitle A - Higher Education in General
Subchapter E. Other Fees and Deposits
Section 54.501. Laboratory Fees
Section 54.5011. Charges and Fees for Certain Payments
Section 54.502. General Deposits
Section 54.5021. Student Deposit Fund; Composition and Uses
Section 54.5022. Investment of General Deposits
Section 54.5025. Proration of Fees
Section 54.503. Student Services Fees
Section 54.5031. Student Fee Advisory Committee
Section 54.5032. Student Fee Advisory Committee; the Texas A&m University System
Section 54.5033. Student Fee Advisory Committee Meetings Open to Public
Section 54.5035. Waiver of Fees
Section 54.504. Incidental Fees
Section 54.5041. Environmental Service Fee
Section 54.505. Vehicle Registration Fees and Other Fees Related to Parking and Traffic
Section 54.506. Fees and Charges for Services to the Public; the University of Houston System
Section 54.5061. Student Services Fees; the University of Houston System
Section 54.5062. Student Fees Advisory Committee; the University of Houston System
Section 54.507. Group Hospital and Medical Services Fees; Texas A&m University System
Section 54.508. Medical Services Fee; Texas Tech University System Components
Section 54.5081. Medical Services Fee; University of North Texas System Institutions
Section 54.5085. Medical Services Fee; Texas Woman's University System
Section 54.5089. Medical Services Fee; Texas State University System Components
Section 54.50891. Medical Services Fee; the University of Texas System Components
Section 54.509. Student Recreation Fee; Texas Tech University System Components
Section 54.5091. Student Recreational Facility Fee; University of North Texas
Section 54.510. Student Recreational Sports Fee; the University of Texas at Austin
Section 54.511. Student Fees for Bus Service; Texas State University System
Section 54.5111. Environmental Service Fee; Southwest Texas State University
Section 54.512. Shuttle Bus Fee; the University of Texas at Arlington
Section 54.5121. Intercollegiate Athletic Fee; the University of Texas at Arlington
Section 54.5122. Recreational Facility Fee; the University of Texas at Arlington
Section 54.513. Student Service Fees; the University of Texas at Austin
Section 54.5131. International Education Fee; the University of Texas at Austin
Section 54.5132. International Education Fee
Section 54.5133. Martin Luther King, Jr
Section 54.5134. Washington, D
Section 54.5135. Barbara Jordan and Cesar Chavez Statues Fee; the University of Texas at Austin
Section 54.514. Student Fees Advisory Committee; the University of Texas at Austin
Section 54.515. Student Union Fee
Section 54.519. Student Union Fee; North Texas State University
Section 54.5191. Intercollegiate Athletics Fee; University of North Texas
Section 54.5192. Intercollegiate Athletics Fee; University of North Texas at Dallas
Section 54.520. University Center Student Fee; Stephen F
Section 54.5201. Recreational Sports Fee; Stephen F
Section 54.5202. Intercollegiate Athletics Fee; Stephen F
Section 54.521. Student Center Facility Fees; Texas A&m University System
Section 54.522. Student Center Fees; Texas Southern University
Section 54.5221. Recreational Facility Fee; Texas Southern University
Section 54.5222. Medical Services Fee; Texas Southern University
Section 54.5223. Intercollegiate Athletics Fee: Texas Southern University
Section 54.523. Student Center Fees; Texas State University System
Section 54.5241. Student Union Fees; Texas Tech University System
Section 54.525. Fees for Student Centers; Texas Woman's University System Components
Section 54.5251. Student Fitness and Recreational Fee; Texas Woman's University System
Section 54.526. Student Fees for University Centers; the University of Houston
Section 54.528. Recreational Facility Fee; the University of Houston
Section 54.529. Student Union Fee; the University of Texas at Arlington
Section 54.530. Student Union Fees; the University of Texas at Austin
Section 54.531. Student Union Building Fees; the University of Texas at Dallas
Section 54.5311. Transportation Fee; the University of Texas at Dallas
Section 54.5312. Student Services Building Fee; the University of Texas at Dallas
Section 54.5313. Intramural and Intercollegiate Athletics Fee; the University of Texas at Dallas
Section 54.532. Student Union Building Fees; the University of Texas at San Antonio
Section 54.5321. Transportation Fee; the University of Texas at San Antonio
Section 54.5322. Intercollegiate Athletics Fee; the University of Texas at San Antonio
Section 54.533. Student Union Fees; the University of Texas of the Permian Basin
Section 54.5331. Intercollegiate Athletic Fee; the University of Texas of the Permian Basin
Section 54.5332. Fees for Student Services Building; the University of Texas of the Permian Basin
Section 54.534. Arts and Performance Center Fee; the University of Texas at Tyler
Section 54.5341. Student Recreational Facility Fee; the University of Texas at Tyler
Section 54.5342. Intercollegiate Athletics Fee; the University of Texas at Tyler
Section 54.5343. Student Union Fee; the University of Texas at Tyler
Section 54.535. Student Union Fee; the University of Texas at El Paso
Section 54.536. Fees for Student Health Services Building; the University of Texas at Austin
Section 54.537. Fees for Student Services Building; the University of Texas at Austin
Section 54.5371. Gregory Gymnasium Renovation Fee; the University of Texas at Austin
Section 54.5372. Aquatics Center Fee; the University of Texas at Austin
Section 54.538. Recreational Sports Fee; Texas State University System
Section 54.5382. Intercollegiate Athletics Fee: Texas State University
Section 54.539. Recreational Sports Fee; the Texas A&m University System
Section 54.5391. Intercollegiate Athletics Fee; Texas A&m University--Corpus Christi
Section 54.5392. Intercollegiate Athletics Fee; Texas A&m University--Kingsville
Section 54.5393. Intercollegiate Athletics Fee: Prairie View A&m University
Section 54.5394. Intercollegiate Athletics Fee: Tarleton State University
Section 54.5395. Intercollegiate Athletics Fees; Texas A&m International University
Section 54.5396. Intercollegiate Athletics Fees; West Texas A&m University
Section 54.5397. Intercollegiate Athletics Fees; Texas A&m University--Commerce
Section 54.53971. Intercollegiate Athletics Fees; Texas A&m University--San Antonio
Section 54.53975. Intercollegiate Athletics Fees; Texas A&m University--Texarkana
Section 54.5398. Student Endowment Fund Fee; Texas A&m University--Corpus Christi
Section 54.540. Student Center Fee, University of Houston-Clear Lake
Section 54.5401. Recreation and Wellness Facility Fee; University of Houston-Clear Lake
Section 54.5402. Wellness and Success Center Fee; University of Houston-Downtown
Section 54.5405. Student Center Fee; University of Houston-Victoria
Section 54.5406. Health and Wellness Center Fee; University of Houston-Victoria
Section 54.541. Recreational Facility Fee; the University of Texas at El Paso
Section 54.542. Student Union Facilities Fee; the University of Texas Rio Grande Valley
Section 54.543. Recreational Facility Fee; the University of Texas at San Antonio
Section 54.544. Recreational Facility Fee; the University of Texas at Dallas
Section 54.545. Fees for Continuing Education Courses
Section 54.551. Intercollegiate Athletics Fee; the University of Texas Rio Grande Valley