By: Springer S.B. No. 1825
A BILL TO BE ENTITLED
AN ACT
relating to the approval of certain private or independent
institutions of higher education to participate in the tuition
equalization grant program.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 61.222, Education Code, is amended by
adding Subsection (e) to read as follows:
(e) Notwithstanding any other provision of this section,
the coordinating board may not approve an institution under this
section unless, for the preceding academic year:
(1) provided there is another eligible institution in
the county and if:
(i) the institution's average graduation
rate for students graduating within six years of their initial
enrollment at the institution is equal to or greater than the
average six-year graduation rate of institutions of higher
education and private or independent institutions of higher
education as determined by the coordinating board; or
(ii) the average amount of student loan
debt at graduation from an undergraduate program at the institution
is equal to or less than the average amount of student loan debt at
graduation from undergraduate programs at institutions of higher
education and private or independent institutions of higher
education as determined by the coordinating board.
SECTION 2. This Act takes effect immediately if it receives
a vote of two-thirds of all the members elected to each house, as
provided by Section 39, Article III, Texas Constitution. If this
Act does not receive the vote necessary for immediate effect, this
Act takes effect September 1, 2021.