84R2266 AAF-D
 
  By: Clardy H.B. No. 1262
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to continuing eligibility requirements for institutions
  of higher education to participate in the Texas Science,
  Technology, Engineering, and Mathematics (T-STEM) Challenge
  Scholarship Program.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 61.9794(b), Education Code, is amended
  to read as follows:
         (b)  To maintain eligibility, each year beginning with the
  third [second] year following implementation of a scholarship
  program under this subchapter, an institution must demonstrate to
  the board that at least 70 percent of the institution's most recent
  graduating class of T-STEM Challenge Scholarship award recipients
  for which the relevant information is available [graduates, within
  three months after graduation, are]:
               (1)  have graduated with an associate degree [employed
  by a business] in a Science, Technology,  Engineering, and
  Mathematics (STEM) field; or
               (2)  within nine months after graduation, have:
                     (A)  enrolled in upper-division courses leading
  to a  baccalaureate degree in a Science, Technology, Engineering,
  and Mathematics (STEM) field; or
                     (B)  become employed in this state as shown by the
  latest available Texas Workforce Commission quarterly employment
  data.
         SECTION 2.  The Texas Higher Education Coordinating Board
  shall award scholarships under Subchapter GG, Chapter 61, Education
  Code, as amended by this Act, beginning with the 2015-2016 academic
  year.
         SECTION 3.  This Act takes effect September 1, 2015.