81R1579 KEL-D
By: Ellis S.B. No. 154
A BILL TO BE ENTITLED
AN ACT
relating to the portion of designated tuition required to be set
aside to provide student financial assistance at institutions of
higher education.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 56.011(a), Education Code, is amended to
read as follows:
(a) The governing board of each institution of higher
education shall cause to be set aside not less than 20 percent of
any amount of tuition charged to a resident undergraduate student
under Section 54.0513 in excess of $46 per semester credit hour.
The funds set aside under this section by an institution shall be
used to provide need-based financial assistance for resident
undergraduate students enrolled in the institution.
SECTION 2. Section 56.012(a), Education Code, is amended to
read as follows:
(a) The governing board of each institution of higher
education shall cause to be set aside not less than 15 percent of
any amount of tuition charged to a resident student enrolled in a
graduate or professional degree program under Section 54.0513 in
excess of $46 per semester credit hour. The funds set aside under
this section by an institution shall be used to provide need-based
financial assistance for resident students enrolled in graduate and
professional degree programs at the institution.
SECTION 3. Section 56.465(a), Education Code, is amended to
read as follows:
(a) The governing board of each institution of higher
education shall cause to be set aside five percent of the amount of
the tuition charged to a resident undergraduate student at the
institution under Section 54.0513 in excess of $46 per semester
credit hour. The amount of a student's tuition set aside under this
subsection is in addition to [considered a part of] the amount
required to be set aside from that tuition under Section 56.011.
SECTION 4. (a) The change in law made by this Act to
Sections 56.011 and 56.012, Education Code, applies only to
financial aid awarded for a semester or term that begins on or after
the effective date of this Act, and does not affect a student's
right to receive financial aid awarded before the effective date of
this Act for any part of the 2009-2010 academic year.
(b) The change in law made by this Act to Section 56.465,
Education Code, applies beginning with tuition paid for the
2009-2010 academic year. The change in law does not affect the
amount of tuition set aside under that section for an academic
period before the 2009-2010 academic year, and the former law is
continued in effect for that purpose.
SECTION 5. This Act takes effect September 1, 2009.