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  83R3466 KSD-F
 
  By: Fletcher H.B. No. 830
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the portion of designated tuition set aside to provide
  student financial assistance at institutions of higher education.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Sections 56.011 and 56.012, Education Code, are
  amended to read as follows:
         Sec. 56.011.  RESIDENT UNDERGRADUATE STUDENT ASSISTANCE.
  (a) The governing board of each institution of higher education may
  [shall] cause to be set aside not more [less] than 15 [20] percent
  of any amount of tuition charged to a resident undergraduate
  student under Section 54.0513 in excess of $46 per semester credit
  hour. The funds set aside under this section by an institution
  shall be used to provide financial assistance for resident
  undergraduate students enrolled in the institution.
         (b)  From the funds set aside by an institution under this
  section, the institution shall first fund any tuition and fee
  exemptions required under Section 54.341 for veterans and other
  military personnel and their dependents and surviving family
  members enrolled as undergraduate students at the institution.
         (c)  To be eligible for assistance from any remaining funds
  available under this section after the use of those funds required
  by Subsection (b), a student must establish financial need in
  accordance with rules and procedures established by the Texas
  Higher Education Coordinating Board. Priority shall be given to
  students who meet the coordinating board definition of financial
  need and whose cost for tuition and required fees is not met through
  other non-loan financial assistance programs.
         (d) [(c)]  The financial assistance provided under
  Subsection (c) [this section] may include grants, scholarships,
  work-study programs, student loans, and student loan repayment
  assistance.
         Sec. 56.012.  RESIDENT GRADUATE STUDENT ASSISTANCE. (a)
  The governing board of each institution of higher education may
  [shall] cause to be set aside not more [less] than 15 percent of any
  amount of tuition charged to a resident student enrolled in a
  graduate or professional degree program under Section 54.0513 in
  excess of $46 per semester credit hour. The funds set aside under
  this section by an institution shall be used to provide financial
  assistance for resident students enrolled in graduate and
  professional degree programs at the institution.
         (b)  From the funds set aside by an institution under this
  section, the institution shall first fund any tuition and fee
  exemptions required under Section 54.341 for veterans and other
  military personnel and their dependents and surviving family
  members enrolled in graduate and professional degree programs at
  the institution.
         (c)  To be eligible for assistance from any remaining funds
  available under this section after the use of those funds required
  by Subsection (b), a student must establish financial need in
  accordance with rules and procedures established by the Texas
  Higher Education Coordinating Board. Priority shall be given to
  students who meet the coordinating board definition of financial
  need and whose cost for tuition and required fees is not met through
  other non-loan financial assistance programs.
         (d) [(c)]  The financial assistance provided under
  Subsection (c) [this section] may include grants, scholarships,
  work-study programs, student loans, and student loan repayment
  assistance.
         SECTION 2.  Section 56.014(a), Education Code, is amended to
  read as follows:
         (a)  An institution of higher education that sets [is
  required by this subchapter to set] aside a portion of a student's
  tuition payments to provide financial assistance for students
  enrolled in the institution under this subchapter shall provide to
  each student of the institution who pays tuition from which a
  portion is [required to be] set aside for that purpose a notice
  regarding the specific amount that is [required to be] set aside by
  the institution.
         SECTION 3.  Section 56.465(a), Education Code, is amended to
  read as follows:
         (a)  The governing board of each institution of higher
  education shall cause to be set aside five percent of the amount of
  the tuition charged to a resident undergraduate student at the
  institution under Section 54.0513 in excess of $46 per semester
  credit hour. The amount of a student's tuition set aside under this
  subsection is not considered a part of the amount, if any, [required
  to be] set aside from that tuition under Section 56.011.
         SECTION 4.  The changes in law made by this Act apply
  beginning with designated tuition set aside by an institution of
  higher education for the 2014 fall semester. Designated tuition
  set aside for a semester or term before the 2014 fall semester is
  governed by the law in effect immediately before the effective date
  of this Act, and the former law is continued in effect for that
  purpose.
         SECTION 5.  This Act takes effect January 1, 2014.