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A BILL TO BE ENTITLED
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AN ACT
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relating to the Texas Educational Opportunity Grant program. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Sections 56.407(c) and (g), Education Code, are |
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amended to read as follows: |
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(c) The amount of a grant under this subchapter may not be |
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reduced by any gift aid for which the person receiving the grant is |
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eligible, unless the total amount of a person's grant plus any gift |
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aid received exceeds the student's financial need [total cost of
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attendance at an eligible institution]. |
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(g) An institution may use other available sources of |
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financial aid, other than a loan [or a Pell grant], to cover any |
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difference in the amount of a grant under this subchapter and the |
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actual amount of tuition and required fees at the institution. |
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SECTION 2. The change in law made by this Act to Section |
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56.407, Education Code, applies beginning with Texas Educational |
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Opportunity Grants awarded for the 2016 fall semester. Grants |
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awarded for a semester or term before the 2016 fall semester are |
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governed by the applicable law in effect immediately before the |
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effective date of this Act, and the former law is continued in |
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effect for that purpose. |
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SECTION 3. This Act takes effect September 1, 2015. |