| (a) Funding. The statewide aggregate of funds awarded
may not exceed the amount appropriated for that purpose.
(b) Award Amount. Award amounts through this program
may not exceed $2,000 unless the student is classified as a junior
or senior at a public institution in Texas with a declared major in
a shortage field and meets the satisfactory academic progress requirements
outlined in §22.201 of this title (relating to Satisfactory Academic
Progress), in which case the student may be eligible for a bonus of
$2,000 to the extent funds are available. The total award amount for
students with declared majors in shortage fields may not exceed $4,000.
(c) Priority Levels. Each year, the Board will establish
a deadline by which students should either have their FAFSA submitted
with the generated Central Processing System (CPS) results in a non-rejected
status or their TASFA submitted to the financial aid office. Students
who meet this deadline are considered "Priority 1" recipients. Those
who do not meet this deadline are considered "Priority 2" recipients.
The Board will first process vouchers to pay all eligible "Priority
1" recipients. A determination will then be made whether additional
funding is available to issue funds to "Priority 2" recipients.
(d) Award Semester or Term. All awards through this
program are for the fall semester or term only.
(e) Limit to Number of Awards. Under no circumstances
shall a student receive more than four awards.
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| Source Note: The provisions of this §22.200 adopted to be effective March 2, 2009, 34 TexReg 1431; amended to be effective August 26, 2009, 34 TexReg 5688; amended to be effective May 29, 2012, 37 TexReg 3807 |
