- (a) For the purposes of data reporting, accounting, and any other relevant business operations, a participating institution shall use the Exemptions and Waivers Summary, in determining whether a program authorized by Texas Education Code, chapter 54, subchapter D, is an exemption or waiver program, and whether that program is mandatory or discretionary, as the terms are defined in §13.460 of this subchapter (relating to Definitions).
- (b) A participating institution will report data relating to exemptions and waivers as part of its annual Financial Aid Database, Integrated Fiscal Reporting System, and Annual Financial Reports submissions, in accordance with their respective manuals.
Source Note:The provisions of this §13.462 adopted to be effective November 13, 2025, 50 TexReg 7253.