| (a) Funds generated through tuition set-asides may be used to: (1) make need-based grants to resident or nonresident students; and (2) fund emergency tuition, fee, and book loans as described in §21.3 of this title, (relating to Loan Repayment Deferral and Loan Forgiveness for Emergency Tuition and Fee Loans). (b) Funds transferred into the Texas Public Educational Grant Program from the Student Deposit Scholarship Program shall only be used for making need-based grants to resident students. (c) Funds transferred into the Texas Public Educational Grant Program from the License Plate Insignia Scholarship Program shall only be used to make need-based grants to resident or nonresident students. |