| (a) Funding. Funds awarded through this program may not exceed the amount of appropriations, gifts, grants and other funds that are available for this use. (b) Award Amounts. (1) The amount of a TCOG Program award may not exceed the least of: (A) the maximum grant specified by the Texas Legislature; (B) the applicant's financial need; (C) the amount by which the tuition and required fees at the eligible institution exceeds the average amount of tuition and required fees that would be charged at a public technical institute as determined by the Board; or (D) an amount equal to 50 percent of the average state appropriation in the biennium preceding the biennium in which the grant is made for a full-time student or the equivalent at a public technical institute, as determined by the Board. (2) The student's award amount shall be calculated based on the following schedule: (A) if enrolled for at least full-time status - 100% of the maximum award; (B) if enrolled for at least 75% of full-time status - 75% of the maximum award; (C) if enrolled for at least 50% of full-time status - 50% of the maximum award; (D) if enrolled for less than 50% of full-time status - the student is not eligible for an award. (c) Uses. A person receiving a TCOG Program grant may only use the money to pay any usual and customary cost of attendance incurred by the person at an eligible institution. |
