Enrolled Bill Summary

            Senate Bill 1007 amends the Education Code to allow a public college or university to award a TEXAS grant to an otherwise eligible student who has not yet completed high school or whose final high school transcript is not yet available if the transcript that is available indicates that, at the time it was prepared, the student was on schedule to graduate and to complete the recommended or advanced high school curriculum, or its equivalent, in time to be eligible for the academic year for which the grant is being awarded. The bill allows the Texas Higher Education Coordinating Board or the college or university awarding the grant to require the student to forgo a grant or repay the amount awarded if the student subsequently fails to complete that curriculum. A student may later become eligible for an initial grant or a subsequent grant by satisfying the alternative initial eligibility requirement for an associate degree plus any other applicable requirement for such grant.

            Senate Bill 1007 also requires the coordinating board's rules for continued eligibility in the event of a hardship that may affect a student's academic performance to allow a student to continue receiving a grant if the student's grade point or course completion rate falls below the satisfactory academic progress requirement. It also prohibits any grant reduction on the basis of any gift aid for which the student is eligible unless the combined gift and grant total exceeds the student's financial need, and it limits the total amount of grants that a student may receive per academic year to the total amount of tuition and fees charged for the academic periods covered by the grants.