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 22.264 - Allocation of Funds - Public Technical and State Colleges
Universal Citation: 19 TX Admin Code § 22.264
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 paragraph (1) of this
subsection.
(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) Verification of Data. 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.
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