Texas Administrative Code
Title 19 - EDUCATION
Part 1 - TEXAS HIGHER EDUCATION COORDINATING BOARD
Chapter 22 - STUDENT FINANCIAL AID PROGRAMS
Subchapter M - TEXAS EDUCATIONAL OPPORTUNITY GRANT PROGRAM
Section 22.262 - Allocation of Funds - Public Junior Colleges
Universal Citation: 19 TX Admin Code § 22.262
Current through Reg. 50, No. 13; March 28, 2025
(a) Allocations are to be determined on an annual basis as follows:
(1) The allocation
base for each eligible institution will be the number of students it reported
in the most recent certified Financial Aid Database submission who met the
following criteria:
(A) were classified as
Texas residents,
(B) were enrolled
as undergraduates in an associate degree or certificate program half-time,
three-quarter time or full-time, and
(C) have a 9-month Expected Family
Contribution, calculated using federal methodology, less than or equal to the
Federal Pell Grant eligibility Expected Family Contribution cap for the year
reported in the Financial Aid Database submission.
(2) Each institution's percent of the
available funds will equal its percent of the state-wide need as determined by
multiplying each institution's enrollments by the respective award maximums of
students who meet the criteria in subsection (a)(1) of this section.
(3) Allocations for both years of the state
appropriations' biennium will be completed at the same time. The three most
recent certified Financial Aid Database submissions will be utilized to
forecast the data utilized in the calculation of the allocation for the second
year of the biennium. Institutions will receive notification of their
allocations for both years of the biennium at the same time.
(4) Allocation calculations will be shared
with all participating institutions for comment and verification prior to final
posting and the institutions will be given 10 working days, beginning the day
of the notice's distribution and excluding State holidays, to confirm that the
allocation report accurately reflects the data they submitted or to advise the
Coordinating Board of any inaccuracies.
(b) Reductions in Funding.
(1) If annual funding for the program is
reduced after the start of a fiscal year, the Coordinating Board may take steps
to help distribute the impact of reduced funding across all participating
institutions by an across-the-board percentage decrease in all institutions'
allocations.
(2) If annual funding
is reduced prior to the start of a fiscal year, the Coordinating Board may
recalculate the allocations according to the allocation methodology outlined in
this rule for the affected fiscal year based on available dollars.
Disclaimer: These regulations may not be the most recent version. Texas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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