Texas House Bill HB830

Texas 2013 - 83rd Regular

Caption

Relating to the portion of designated tuition set aside to provide student financial assistance at institutions of higher education.

Impact

The enactment of HB 830 affects the funding structure for student assistance at Texas colleges and universities. It mandates a clear allocation process, allowing the Texas Higher Education Coordinating Board to oversee eligibility criteria based on financial need. By prioritizing tuition and fee exemptions for eligible students, the bill promotes accessibility to education for those who may otherwise struggle to afford it. The legislation aims to alleviate financial burdens and enhance the support systems in place for students relying on institutional aid.

Summary

House Bill 830 pertains to the allocation of tuition funds for student financial assistance in Texas higher education institutions. The bill mandates that institutions set aside a minimum percentage of designated tuition revenues beyond a specific benchmark for the purpose of granting financial aid to resident undergraduate and graduate students. Specifically, the bill defines that at least 20% of excess tuition charged to resident undergraduates and 15% for graduate students should be allocated for financial assistance, ensuring that these funds are used to assist students in need.

Contention

While the bill provides a framework for increased financial assistance, points of contention may arise regarding the definitions of financial need and the pressure it places on institutions to adhere to the set-aside percentages. Critics could argue that the mandatory set-asides impose additional financial constraints on educational institutions, especially those already facing funding shortages. Furthermore, ensuring that all eligible students receive timely and adequate assistance may become a challenge, leading to potential disparities in how aid is distributed among students.