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A BILL TO BE ENTITLED
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AN ACT
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relating to the approval of certain private or independent |
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institutions of higher education to participate in the tuition |
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equalization grant program. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 61.222, Education Code, is amended by |
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adding Subsection (e) to read as follows: |
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(e) Notwithstanding any other provision of this section, |
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the coordinating board may not approve an institution under this |
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section unless, for the preceding academic year: |
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(1) provided there is another eligible institution in |
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the county and if: |
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(i) the institution's average graduation |
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rate for students graduating within six years of their initial |
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enrollment at the institution is equal to or greater than the |
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average six-year graduation rate of institutions of higher |
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education and private or independent institutions of higher |
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education as determined by the coordinating board; or |
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(ii) the average amount of student loan |
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debt at graduation from an undergraduate program at the institution |
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is equal to or less than the average amount of student loan debt at |
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graduation from undergraduate programs at institutions of higher |
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education and private or independent institutions of higher |
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education as determined by the coordinating board. |
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SECTION 2. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2021. |