Texas Administrative Code
Title 22 - EXAMINING BOARDS
Part 22 - TEXAS STATE BOARD OF PUBLIC ACCOUNTANCY
Chapter 520 - PROVISIONS FOR THE FIFTH-YEAR ACCOUNTING STUDENTS SCHOLARSHIP PROGRAM
Section 520.5 - Award Amounts and Uses
Universal Citation: 22 TX Admin Code ยง 520.5
Current through Reg. 49, No. 38; September 20, 2024
(a) Funds awarded through this program may include any gifts, grants and donations of real or personal property from any entity, subject to limitations or conditions set by law, for the purposes of this chapter.
(b) Award Amount and Disbursements.
(1) The minimum and maximum annual award for
a student through this program shall be an amount established by the board and
announced to institutions in the allocation announcement sent out for the
relevant year.
(2) An individual
student's scholarship shall be paid out in the form of at least one
disbursement per semester.
(c) No scholarship disbursed to a student shall be used for any purpose other than for meeting the cost of attending an approved institution.
(d) The duration of the scholarship shall be a maximum of three years awarded by semester or term.
(e) At the time an award is made to a student, it shall not exceed the student's need.
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