| 1 | 1 | | 81R1579 KEL-D |
|---|
| 2 | 2 | | By: Ellis S.B. No. 154 |
|---|
| 3 | 3 | | |
|---|
| 4 | 4 | | |
|---|
| 5 | 5 | | A BILL TO BE ENTITLED |
|---|
| 6 | 6 | | AN ACT |
|---|
| 7 | 7 | | relating to the portion of designated tuition required to be set |
|---|
| 8 | 8 | | aside to provide student financial assistance at institutions of |
|---|
| 9 | 9 | | higher education. |
|---|
| 10 | 10 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|---|
| 11 | 11 | | SECTION 1. Section 56.011(a), Education Code, is amended to |
|---|
| 12 | 12 | | read as follows: |
|---|
| 13 | 13 | | (a) The governing board of each institution of higher |
|---|
| 14 | 14 | | education shall cause to be set aside not less than 20 percent of |
|---|
| 15 | 15 | | any amount of tuition charged to a resident undergraduate student |
|---|
| 16 | 16 | | under Section 54.0513 in excess of $46 per semester credit hour. |
|---|
| 17 | 17 | | The funds set aside under this section by an institution shall be |
|---|
| 18 | 18 | | used to provide need-based financial assistance for resident |
|---|
| 19 | 19 | | undergraduate students enrolled in the institution. |
|---|
| 20 | 20 | | SECTION 2. Section 56.012(a), Education Code, is amended to |
|---|
| 21 | 21 | | read as follows: |
|---|
| 22 | 22 | | (a) The governing board of each institution of higher |
|---|
| 23 | 23 | | education shall cause to be set aside not less than 15 percent of |
|---|
| 24 | 24 | | any amount of tuition charged to a resident student enrolled in a |
|---|
| 25 | 25 | | graduate or professional degree program under Section 54.0513 in |
|---|
| 26 | 26 | | excess of $46 per semester credit hour. The funds set aside under |
|---|
| 27 | 27 | | this section by an institution shall be used to provide need-based |
|---|
| 28 | 28 | | financial assistance for resident students enrolled in graduate and |
|---|
| 29 | 29 | | professional degree programs at the institution. |
|---|
| 30 | 30 | | SECTION 3. Section 56.465(a), Education Code, is amended to |
|---|
| 31 | 31 | | read as follows: |
|---|
| 32 | 32 | | (a) The governing board of each institution of higher |
|---|
| 33 | 33 | | education shall cause to be set aside five percent of the amount of |
|---|
| 34 | 34 | | the tuition charged to a resident undergraduate student at the |
|---|
| 35 | 35 | | institution under Section 54.0513 in excess of $46 per semester |
|---|
| 36 | 36 | | credit hour. The amount of a student's tuition set aside under this |
|---|
| 37 | 37 | | subsection is in addition to [considered a part of] the amount |
|---|
| 38 | 38 | | required to be set aside from that tuition under Section 56.011. |
|---|
| 39 | 39 | | SECTION 4. (a) The change in law made by this Act to |
|---|
| 40 | 40 | | Sections 56.011 and 56.012, Education Code, applies only to |
|---|
| 41 | 41 | | financial aid awarded for a semester or term that begins on or after |
|---|
| 42 | 42 | | the effective date of this Act, and does not affect a student's |
|---|
| 43 | 43 | | right to receive financial aid awarded before the effective date of |
|---|
| 44 | 44 | | this Act for any part of the 2009-2010 academic year. |
|---|
| 45 | 45 | | (b) The change in law made by this Act to Section 56.465, |
|---|
| 46 | 46 | | Education Code, applies beginning with tuition paid for the |
|---|
| 47 | 47 | | 2009-2010 academic year. The change in law does not affect the |
|---|
| 48 | 48 | | amount of tuition set aside under that section for an academic |
|---|
| 49 | 49 | | period before the 2009-2010 academic year, and the former law is |
|---|
| 50 | 50 | | continued in effect for that purpose. |
|---|
| 51 | 51 | | SECTION 5. This Act takes effect September 1, 2009. |
|---|