Sec. 56.486. AMOUNT OF SCHOLARSHIP. (a) Except as provided by Subsection (b), the amount of a scholarship for each semester or other academic term in which an eligible student is enrolled at an institution of higher education is an amount sufficient to cover, but not exceed, the amount of tuition charged to the student for that semester or term.
(b) The amount of a scholarship for each semester or other academic term may not exceed the amount of the student's unmet financial need for that semester or term after any other gift aid has been awarded.
(c) The coordinating board shall issue to each eligible student a certificate indicating the amount of the scholarship awarded to the student.
Added by Acts 2009, 81st Leg., R.S., Ch. 1342 (S.B. 175), Sec. 5, eff. June 19, 2009.
Structure Texas Statutes
Subtitle A - Higher Education in General
Chapter 56 - Student Financial Assistance
Subchapter R. Scholarships for Students Graduating
Section 56.483. Award of Scholarship
Section 56.484. Initial Eligibility for Scholarship
Section 56.485. Ineligibility for Scholarship
Section 56.486. Amount of Scholarship
Section 56.487. Application Procedure
Section 56.488. Continuing Eligibility for Scholarship
Section 56.489. Satisfactory Academic Progress
Section 56.490. Exception for Hardship or Other Good Cause