Texas Administrative Code
Title 19 - EDUCATION
Part 1 - TEXAS HIGHER EDUCATION COORDINATING BOARD
Chapter 22 - STUDENT FINANCIAL AID PROGRAMS
Subchapter D - PROVISIONS FOR THE TEXAS PUBLIC EDUCATIONAL GRANT PROGRAM
Section 22.64 - Coordinating Board Responsibilities

Universal Citation: 19 TX Admin Code ยง 22.64

Current through Reg. 49, No. 38; September 20, 2024

The Texas Higher Education Coordinating Board shall perform the following services with regard to the Program:

(1) Collect and maintain copies of guidelines submitted by institutions for the administration of the Program on their campuses.

(2) Accept funds transferred to the Board by institutions for use in matching federal or state grant funds, assure such matching funds are used to assist institutions and students with the greatest financial need, and return any funds on deposit from institutions if matching funds are not available.

(3) Monitor institutional use of program funds and accept funds transferred to the Board by institutions which fail to fully utilize the grant funds set aside in accordance with Program requirements. If an institution's year-end Program balance, including funds on deposit with the Board, exceeds 150 percent of the amount set aside from tuition, the excess funds shall be sent to the Board which shall use the funds for the Toward EXcellence, Access and Success Grant Program.

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