(b) In determining what best promotes the public purpose, the board shall consider at a minimum the following factors relating to each person applying for a scholarship under this section:

1. (1) financial need;
2. (2) ethnic or racial minority status; and

3. (3) scholastic ability and performance in at least 15 hours of upper-level accounting coursework.

   Transferred from Education Code, Subchapter N, Chapter 61 and amended by Acts 2009, 81st Leg., R.S., Ch. 119 (H.B. 2440), Sec. 2, eff. September 1, 2009.

   Acts 2023, 88th Leg., R.S., Ch. 447 (H.B. 2217), Sec. 13, eff. June 9, 2023.