Amend HB 2802 (house committee printing) by adding the following appropriately numbered SECTION to the bill and renumbering subsequent SECTIONS of the bill accordingly:

SECTION ____.  Section 56.0092(e), Education Code, is amended to read as follows:

(e)  An appropriation under Subsection (d) must be made in accordance with a formula, adopted by coordinating board rule, that [the coordinating board determines fairly] allocates the appropriated amount only to those eligible institutions at which the Texas B-On-time student loan program was underutilized.  For purposes of this subsection, the Texas B-On-time student loan program is considered to have been underutilized by students of an institution [in any period] if the [institution's percentage of the] total amount of tuition set aside by the institution [all institutions] under the program during the period beginning with the 2007 state fiscal year and ending with the 2015 state fiscal year [during the period] was greater than the total amount of assistance received by the institution's students [institution's percentage of all students who received a Texas B-On-time student loan] under the program during that [for the same] period. The formula must allocate the appropriated amount among those institutions so that each institution receives a percentage of the amount appropriated that is proportional to the institution's share of the total amount of unused set-asides for the period contributed by those institutions. For purposes of this subsection, the amount of an institution's unused set-asides is the amount by which the total amount of tuition set aside by the institution under the program exceeds the total amount of assistance received by the institution's students under the program [The coordinating board shall base the coordinating board's determination on a period of academic years occurring before the 2015-2016 academic year that the coordinating board considers representative of eligible institutions' student participation in the Texas B-On-time student loan program].